One of my favorite new apps is Flipboard which recently released a new version that along with running on the iPad now works on the iPhone.
Here is the description from the App Store:
Named Apple’s iPad App of the year and one of TIME’s Top 50 Innovations, Flipboard creates a personalized magazine out of everything being shared with you, from Instagram photos and Facebook updates to Tumblr posts and articles from your favorite publications. Fill Flipboard with the things you like to read, from the smallest blogs to publications like Rolling Stone or Vanity Fair, and use Instapaper or Read It Later to save articles to read later. Connect Flipboard to all your social networks, and you’ll have a single place to enjoy, browse, comment on and share all the news, photos and updates that matter to you.
New to Flipboard on iPhone is Cover Stories, a selection of interesting articles and photos being shared with you right now. And it gets smarter every time you use it.