Facebook to launch an alternative to Google Reader?

Update: Facebook has just sent out an invite to an event it is holding on June 20th. While the it doesn’t offer many hints as to what the company has up its sleeve, TechCrunch says again that it is sure it’s a news reader of some sort.

The day that many have been dreading is quickly approaching. On July 1st, Google Reader will officially close its doors, but according to some code discovered, Facebook might be working on a replacement (via TechCrunch). A developer has noticed several mentions of RSS feeds in Facebook’s code, which he says are exactly what would be needed to start a Google Reader alternative. The service would supposedly be tied to your Facebook ID, which would make it accessible to the more than 1 billion people already on the social network. It’s unclear, however, if users would be able to add feeds to the service or if it would simply be content from Facebook.