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Facebook Introduces News Reader App, 'Paper'

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Facebook has long tried to be the place you go for news. Now, the company is making serious waves on that front with the launch of "Paper," a standalone iOS app that will show you content from "sections" like sports, culture and "LOL," as well as your Facebook newsfeed. You can subscribe to different sections, and get presented with a curated feed of content. If you share content on Paper, it will also appear on your Facebook feed. Paper plans to launch sans ads for now. The project is the first thing coming out of Facebook Creative Labs, a 15-person team in Menlo Park. The app will be on the Apple App Store Monday.

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