Credit: Flipboard

Flipboard has always allowed you to see news from your favorite sources and friends on social media in a visually rich app, but the newest update can make you your own digital magazine publisher.

An update released for the app last night adds a host of new features, including the ability to create a magazine of your own based on your interests or favorite news sources. Want to create a visually rich digital magazine about, say, the Caribbean? You can search for the term "Caribbean" through the app, then view feeds of photos and text updates from Twitter, Instagram, Facebook and media outlets that cover the topic. You can select those and populate your magazine with that content.

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Previously, you could only browse all that content separately and add it to your own Flipboard; now you are able to group it into your own magazine, which you can title and share with others. You can keep them private if you'd like too. We were able to create that very "Caribbean" magazine, which we captioned "I Want to Go to There," by adding photo feeds from Flickr and Instagram with the tag "Caribbean." We also added articles by just tapping the "+" button in the bottom right corner. Within a few minutes we had a beautiful magazine full of beautiful ocean views and useful articles.

Flipboard has added a few other features, including commenting, which allows you to comment on stories right inside the app, and a bookmarklet, a shortcut for the browser that allows you to send any article you see on the Internet to your Flipboard account.

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The update to Flipboard comes as Facebook has unveiled a new look to its News Feed. Facebook's news feed has been restyled to be more visually appealing and was described by Facebook CEO Mark Zuckerberg as a "personalized newspaper." In addition to Flipboard there are other popular news curation apps, including News360 and Pulse.

The new version of Flipboard - Flipboard 2.0 - is available now for the iPhone and iPad. The company says the Android update will be coming really soon.