
This week, Facebook will have two big causes for celebration. On Monday, the company will release a new iPhone app. On Tuesday, it will turn 10.
A new iPhone app? New software would seem to pale against a decade of existenceten years in which the company has gone from a dorm room conception to a $150 billion capitalization, in which a website that once required harvard.edu email addresses became the world’s second most-visited.
But the new app, named Paper, is more important than it may first appear. It signals a change, long-time coming, for how the company interacts with consumers, and marks a new sort of competition among social networks. It’s a change that could affect far more than the iPhone users who will download the app on Monday.
But to understand why, you have to understand the app.
Read also:
Facebook's Paper App for iPhone is the Future of Facebook (TIME)
Facebook Releases New 'Paper' Newsreader App for iPhone [Download] (iClarified)
How To Use Facebook's Georgeous New 'Paper' App For iPhone (Business Insider)
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