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IPad mag app Zite to be acquired by CNN with a $20-25M pricetag

22 pointsby bondalmost 14 years ago

4 comments

kwisalmost 14 years ago
Congrats to the Zite team. You made one of my favorite apps, and whether you continue development at CNN or move on to other ventures, I wish you the best and look forward to seeing what you do next.<p>Zite is one of the most used apps on my iPad, and has been for ages. I would've happily given you a few dollars for it, but I guess this worked out well for everyone.
bstar77almost 14 years ago
I think I use Zite more than any other app on my iPad. I just removed Pulse after realizing Zite suited me much better. Not crazy having CNN owning the app, I'll have to see if the sources and quality changes. If I see one CNN article loaded inappropriately the app is gone.
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tchock23almost 14 years ago
I'm a huge fan of the Zite app. In fact, it's one of the only apps I use on my iPad. I'm surprised at the $20-$25M price tag (assuming that is what it sells for). Not sure how you would monetize something like this, although I gladly would have paid something for it.
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deyanalmost 14 years ago
Quite disappointing to hear that they didn't swing for the fences - especially given that Zite was doing well, is arguably better than Flipboard, and news consumption is a major use case for tablets in general.
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