It has been said that Facebook is working on a mysterious application and the company should announce it very soon.. It looks like that rumors are true, Facebook has just announced a new brand social network application called Paper,  the app is scheduled to hit the App Store next Monday, February 3, 2014. The company has released a nice video walkthrough, embedded below the fold, which shows off really nicely done – gorgeously, dare I say – layout, fluidly animated interface and some familiar Flipboard-like gestures…

According to Facebook, Paper combines news articles, videos and photos your friends share on Facebook with human-curated content from traditional news outlets like The New York Times, TIME Magazine or The Huffington Post.

Paper is the first product from Facebook Creative Labs, where we’re crafting new apps to support the diverse ways people want to connect and share.

And here’s a teaser video for Paper:  

You can quickly swipe through articles left and right, pull down on an article to flip it open like in Flipboard. The beautiful edge-to-edge design ensures that stories take up the entire screen.

Moreover, you can just tilt your device to explore high-resolution photos, scroll through photo albums, enjoy full-screen videos and more. The app also makes it easy to like stories, comment on them and even post your own stories straight to your Facebook Timeline from within the app.

As you start changing the way you’re displaying this content, we hope that it will change the way people think about posting content.
Because the two are obviously really connected. It’s no fun to make a bunch of great stuff if no one ever sees it.

Here, a few highlights:

  • Everything responds to your touch so you can pick up or thumb through stories with simple, natural movements
  • You can tilt your phone to explore high-resolution panoramic photos from corner to corner, and see faces and other important details up close
  • Fullscreen autoplay videos come to life and bring you deep into the action
  • Beautifully detailed covers make it easy to spot articles from trusted publishers and decide what to read or watch.· Articles unfold in the app and appear fullscreen for a focused reading experience
  • When you’re ready to tell your own story, you know exactly what your post or photo will look like because you see a live preview before you share it

What do you think guys ?

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