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Facebook editions, answer to Google+ threat?

FILE - In this Feb. 11, 2011 photo, a Facebook page is seen on a computer in Montpelier, Vt. Following on the popularity of sites like Groupon, Facebook is launching its own daily deals program Tuesday, April 26, 2011 in five U.S. cities. The social network hopes to exploit the peer-to-peer aspect of group buying when it begins testing offers in San Diego, San Francisco, Austin, Atlanta and Dallas. (AP Photo/Toby Talbot, File) AP Photo/Toby Talbot

(CBS) - Rumor has it that Facebook wants to jump into the news business. 

According to a Forbes report, the social networking site has asked news organizations like CNN, Washington Post and The Daily to join forces to create an app called Facebook editions.

The new app is supposed to launch this fall. Keep in mind, the claims have not been confirmed by Facebook or any of the news organizations mentioned.

The idea that Chief Executive Officer Mark Zuckerberg is looking to expand the site's engagement is not a surprise. The successful launch of a Google+ field test indicates that the new site could take a serious bite out of Facebook's traffic.

Not to mention, the search engine giant has integrated Google+ into all of its popular products, like Gmail and Google Maps, creating more opportunities to visit the site.

Zuckerberg mentioned in his last press event, the future of the Internet is about "what you can build." His point being that people are already using social networking sites and sharing is growing exponentially. He suggested the next phase of development should be tools to enhance the experience.

Facebook has over 750 million active users. Google+ has 10 million users.

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