The social network is moving into the news gathering and curation market with a new standalone app. Looking to challenge apps like Flipboard, Paper is an iOS app that will pull news from your Facebook feed as well as from more traditional news reporting outlets and arrange them in a very aesthetically pleasing, image-led manner. As for advertising, Facebook says that, for now at least, the app will be ad-free but expect that to change in time. The app will go live for US users on February 3, the day before Facebooks 10th birthday.