Here's the news: Flipboard acquires Zite from CNN
While terms of the deal were not disclosed, there is speculation that Flipboard paid $60 million for Zite. CNN, though, is denying that this is the actual price of the transaction. As part of the deal, Flipboard will also use photographs and video from CNN. And additional magazines from the news network will launch on Flipboard over the following months.
CNN says it hopes to use Flipboard's expertise to bring in more revenue and expand CNN's mobile audience.
source: Flipboard via BusinessInsider
1. andynaija (Posts: 473; Member since: 08 Sep 2012)
Well I just downloaded Flipboard but I haven't used it yet, anyone have tips on how to use it? Is it like a social network/news site? Do I need to setup a new account?
3. joey_sfb (Posts: 3003; Member since: 29 Mar 2012)
Been using it awhile. Its photo driven RSS feeds.
You subscribe to the type of news feed that might be of interest to you.
4. CreedFrancis (Posts: 21; Member since: 28 Feb 2014)
Dammit! One of the reasons why i use Zite is because IMO it's better than Flipboard, hope they don't change things up.