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Facebook is reportedly developing a Twitter-like breaking news app

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Notification system reportedly being tested (via <a href="http://www.businessinsider.com/facebook-mobile-notification-breaking-news-app-2015-8?op=1" target="_blank">BI</a>)

Update: A Facebook spokesperson has issued a statement to 9to5Mac, saying “We don’t comment on rumors or speculation.”

Facebook is currently developing a new standalone mobile app geared toward breaking news, Business Insider reports. The mobile app in testing is said to be Twitter-like in a news sense as its focus is said to be around allowing partnered publications to push alerts to users. Another Twitter-like aspect is the character limit of alerts being tested. According to the report, publications will have 100 characters plus an article link for users to click in each alert; similarly, tweets are limited to 140 characters in total.
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