Facebook has been working on a news reading product that could directly compete with other similar sites such as Flipboard. After weeks of rumors, it appears that Facebook is indeed launching a news-reading interface, code-named Reader. Although Facebook has not explicitly stated any details on the product, some information has still leaked to the general public. Unlike Google Reader, the Facebook Reader will not be based on RSS. This is mainly due to the fact that most of Facebook’s user base has most likely never used RSS. In general, it is not very convenient and most users would have to put in significant work finding and subscribing to various RSS feeds before receiving any value.
Facebook Working on a News-Reading Interface Product