Get All Access for $5/mo

Report: Facebook Wants to Become Your Mobile News Reader The social-media giant reportedly has been working on a project, called 'Reader' internally, which will display your news feed in a new visual layout designed for mobile.

By Catherine Clifford

Opinions expressed by Entrepreneur contributors are their own.

ibtimes.co.uk

Facebook wants to be your go-to source for news beyond what your friends and family are up to, according to The Wall Street Journal.

The social-media giant has been working on a news-reader project, which is being called "Reader" internally, for more than a year, the paper says. It will showcase news content shared by Facebook users in a format designed for a mobile device, according to the report, which cited "people with knowledge of the matter." Mark Zuckerberg, founder of the Menlo Park, Calif.-based social-media juggernaut, has said he wants Facebook to be "the best personalized newspaper in the world," according to the article. There is no release date for the product yet.

Since its initial public offering just over a year ago, Facebook's stock price has declined by more than one third. As the social-media giant, which currently has 1.1 billion users, works to revive its image, it has announced several new features in recent weeks, including Twitter-like hashtags, Vine-like video clips and Twitter-like verified pages.

Visit the WSJ website to read the full story.

Related: Facebook Hits and Misses Since Its IPO

Catherine Clifford

Frequently covers crowdfunding, the sharing economy and social entrepreneurship.

Catherine Clifford is a senior writer at Entrepreneur.com. Previously, she was the small business reporter at CNNMoney and an assistant in the New York bureau for CNN. Catherine attended Columbia University where she earned a bachelor's degree. She lives in Brooklyn, N.Y. Email her at CClifford@entrepreneur.com. You can follow her on Twitter at @CatClifford.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Starting a Business

How to Find the Right Programmers: A Brief Guideline for Startup Founders

For startup founders under a plethora of challenges like timing, investors and changing market demand, it is extremely hard to hire programmers who can deliver.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Franchise

Four Takeaways for the Franchise Industry From My Time at the Republican National Convention

Matt Haller, President and CEO of the IFA, says the stakes are high for franchisors and franchisees in the upcoming presidential election.

Growing a Business

The Top 5 AI Tools That Can Revolutionize Your Workflow and Boost Productivity

Discover the top 5 AI tools for marketing and content creation that every marketer needs to know.

Business News

How to Build a Successful Startup, According to an Investor Who Made Early Bets on Twitter, Lyft, and Twitch

He's found a few patterns after nearly two decades of investing in startups.

Science & Technology

No More ChatGPT? Here's Why Small Language Models Are Stealing the AI Spotlight

Entrepreneurs can leverage this growing tech to create innovative, efficient and targeted AI solutions.