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CNN Acquires iPad Magazine App Zite

Personalized Magazine App Zite

The company Zite Inc., which makes the popular magazine application Zite for the iPad has been acquired by CNN. Although the terms of deals were not disclosed by CNN, a Web site – Techvibes which reported of initial talks between the two companies had speculated that CNN will at least pay $20 million. Zite is a personalized magazine application for iPad that serves customized content based on what you click on and your social feeds. It provides news, articles, blogs, videos, and other content from both mainstream and niche sites. The application has a smart auto suggest tool which lets you select from thousands of magazine sections. You can optionally also thumb up or thumb down content, or specify that you want more content on a particular topic or from a particular source. Continue reading CNN Acquires iPad Magazine App Zite

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