Facebook, With a Focus on Mobile, Works on Project for News Via Users

By: Evelyn M. Rusli | The Wall Street Journal

Facebook Inc. FB -3.51% is aiming to become a newspaper for mobile devices.

The social network has been quietly working on a service, internally called Reader, that displays content from Facebook users and publishers in a new visual format tailored for mobile devices, people with knowledge of the matter said.

The project, which the company has been developing for more than a year, is designed to showcase news content in particular.

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