BOUGHT OVER: News reader company Flipboard said it has bought rival app Zite from CNN and struck a content partnership with the cable news network. — Flipboard
News reader company Flipboard said on Wednesday it has bought rival app Zite from CNN and struck a content partnership with the cable news network.
The deal is valued at US$60mil (RM195.63mil), according to the CNN Money website. A CNN spokesman called the valuation "inaccurate" but declined to give details.
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