Things were getting a bit confusing on the news-front of Google Play. First we had Google Reader, but it was discontinued. Play Magazines and Google Currents brought the news straight to our devices, but why were they two separate apps? After all, they pretty much preformed the same function.
Now, Google is introducing Google Play Newsstand. This application combines Play Magazines and Google Currents into a single, standalone application, and will let you follow your favorite magazines, newspapers, blogs, news sites, and will format all of the news for your device.