Mar 05
Flipboard Acquires Zite From CNN
Posted in: Today's Chili
Zite has announced that it has purchased news reader Zite from CNN for $60M, according to CNN Money. By doing so, Flipboard hopes to go from the best-looking web magazine to the smartest as well. If you are not familiar with Zite, it is a news reading app that learns from what you read, but at the same time still let you discover new content. This is often a thin line that news algorithm have to virtually walk: when they stick too much with what people like, they may miss hot and unusual news. If they don’t use personalization enough, they risk boring the users. (more…)
Flipboard Acquires Zite From CNN original content from Ubergizmo. 
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