Document sharing site Scribd.com has a new iPhone app available for reading news on devices called Float. The free app lets users read content from more than 150 websites including The Associated Press, TechCrunch and Wired.
The app takes text that is formatted for the web and converts it for mobile devices in what the company calls a “floating text” reading experience. Essentially, it lets users zoom in on text and scroll left to right. Users can also connect to their social networks to share content directly in the app.
The content is ad-supported and free to the end user, but Scribd plans to roll out premium content from different publications later this year through a subscription model.