Apple acquires magazine subscription app Texture

Credit Apple

Details of how much Apple is buying Texture for remain undisclosed.

Texture is owned by Next Issue Media, a joint-venture between the publishers Condé Nast, Hearst, Meredith, Rogers Media and private equity firm KKR. It's not clear if Apple will charge users to access these magazines, as Texture now charges $9.99 a month for the service.

Apple SVP of Internet Software and Services Eddie Cue appeared on stage at SXSW on Monday, and discussed a range of topics, including their just-announced acquisition of magazine app Texture. Enjoy full issues of People, Time, GQ, Glamour, The New Yorker, Bon Appétit, Newsweek, ESPN, National Geographic, InStyle, Allrecipes, Shape, Men's Health, and many other great titles from the most trusted publishers. Within its large catalog, the app curates magazine articles based on the user's interests.

Stormy Daniels offers to return $130K payment she received from Trump lawyer
Is it because she's got evidence of his bad behavior? Mr. "She's already given the interview", said defamation attorney Megan C. Deluhery, a partner at Todd & Weld in Boston.

Prince William to 'walk Meghan Markle up the aisle'
The Commonwealth Service is the largest inter-faith gathering in the United Kingdom and is now being televised on the BBC.

Amazon Alexa calling can now be used on tablets
Now, Amazon has a new feature called " Follow-up Mode " that's created to make exchanges like that feel a lot more natural. You will no longer need to be around your Echo Speaker to make free calls and messages with Alexa .

Cue said that Apple's historical pattern has not been to buy up big companies, like Netflix and Disney, in response to a question about those media giants as potential acquisition targets, per Cheddar's Alex Heath on Twitter.

"I'm thrilled that Next Issue Media, and its award-winning Texture app, are being acquired by Apple", said John Loughlin, CEO of Next Issue Media / Texture, in a statement. "We could not imagine a better home or future for the service". The segment has been one of its fastest-growing across all its revenue streams; the services segment revenue grew 18 percent in the company's most recent quarter compared with the same period past year, only behind the "other devices" segment - which includes Apple Watch, AirPods, and Apple TV - at 36 percent.

And yet, CNN's Dylan Byers, who interviewed Cue, asked why the NRA has a presence in the App Store and on Apple TV.

Related News:

  • Kinder Morgan Inc (NYSE:KMI) Holdings Lowered by Calamos Advisors LLC

    Kinder Morgan Inc (NYSE:KMI) Holdings Lowered by Calamos Advisors LLC

    Moreover, Chesapeake Asset Management Ltd Liability has 0.23% invested in AT&T Inc. (KMI) traded 11.03 million shares at hands. According to their observations and findings, the stock could provide a high EPS of $0.25/share and a low EPS of $0.16/share.
    US secretary of state, Rex Tillerson arrives Nigeria

    US secretary of state, Rex Tillerson arrives Nigeria

    Events that will be rescheduled include a stop at the site of the 1998 bombing of the US Embassy in Nairobi, Goldstein said. It is believed that the 2019 general elections will also be part of discussions between Tillerson and President Buhari.
    Arms imports to Middle East doubled over past decade, study shows

    Arms imports to Middle East doubled over past decade, study shows

    With the Middle East accounting for 49 percent of total United States arms exports, Saudi Arabia was by far its biggest customer. The US negotiated a package of about $110 billion in arms sales during Trump's visit to Saudi Arabia in May previous year .
  • Mario comes to Google Maps

    Mario comes to Google Maps

    In simple terms, " Mario Mode" changes Google Maps' blue navigation arrow to a go-kart from the " Mario Kart " games. In celebration of Mario Day today, Google Maps is rolling out its new feature: Mario navigating your trips.
    Day Care Owner Gets 21 Years For Drugging Kids To Go Tanning

    Day Care Owner Gets 21 Years For Drugging Kids To Go Tanning

    Prosecutors said the 32-year-old's crimes are more than just criminal mistreatment as she had a history of criminal activity. Before being sentenced, she admitted "failing" the children in her care, but denied ever having hit a child.
    Djokovic crashes out on Tour return

    Djokovic crashes out on Tour return

    After the world number one stormed to the first set over the weekend, rain interrupted play, forcing a delay overnight. After his defeat, a bemused Djokovic said: "It felt like the first match I have ever played on the tour, very weird".
  • Xbox One X And Xbox One S Will Soon Support FreeSync Displays

    Xbox One X And Xbox One S Will Soon Support FreeSync Displays

    By introducing this feature, Microsoft is removing a pain point for anyone who uses their TV for gaming and watching movies. The first episode had details on Sea of Thieves , PixArk , and the Xbox version of PlayerUnknown's Battlegrounds .
    The Grand Slam is on as Ireland defeat Scotland in exciting showdown

    The Grand Slam is on as Ireland defeat Scotland in exciting showdown

    But after missing France's first two Six Nations matches this year - both lost - due to a ban for uttering a homophobic slur in a club game, his return has given the team a huge boost.
    Apple to Launch New Entry-Level MacBook Soon

    Apple to Launch New Entry-Level MacBook Soon

    The difference in price estimates seems to be based on Apple switching display sources. The report explicitly refers to the product as a 13-inch MacBook, not MacBook Air .
  • Lions Were Reportedly One Of Four Finalists To Sign Richard Sherman

    Lions Were Reportedly One Of Four Finalists To Sign Richard Sherman

    So it was the incentives, and the opportunity to face his former team twice a year, that got the deal done. The Seattle Seahawks ended an era Friday when they parted ways with All-Pro cornerback Richard Sherman .
    Oklahoma makes the NCAA tournament

    Oklahoma makes the NCAA tournament

    But his numbers have gone down as teams properly scouted Oklahoma and designed their game plans to harass Young. OU's early season successes included wins at Wichita State and TCU and neutral-site wins over OR and USC.
    Facebook to exclusively stream 25 Major League Baseball  games in 2018

    Facebook to exclusively stream 25 Major League Baseball games in 2018

    In addition to streaming in the US, Facebook also has right to stream global , but those rights won't be exclusive. Those who wish to watch these games will have to head over to the MLB Live show page on Facebook's Watch platform.


Most liked

Two deadly March home explosions could be related, police say
The explosion is the second such incident to occur in Austin in March, and the two are allegedly being treated as linked events. Anthony Stephan House, 39, was killed March 2 when a package exploded at his northeast Austin home, KEYE reports.

Michael Carrick to retire at end of season
Carrick still hopes to play a part for Jose Mourinho's side in the remainder of the season, fully recovered from the heart issue. File image of Manchester United captain Michael Carrick .

INX Media case: Karti Chidmabaram sent to judicial custody for 12 days
Judge Rana also allowed Karti to carry his spectacles and medicines as per prescription, subject to the approval of Jail doctor. Karti Chidambaram was produced before Delhi's Patiala House Court on Monday after his three-day CBI custody ended.

Lions to meet with veteran veteran RB Jonathan Stewart in scheduled visit
In 2014, Murray ran for 1,845 yards while playing for the Dallas Cowboys and was named Offensive Player of the Year. It's no secret that the Lions have struggled mightily at the running back position for the last handful of years.

Philips Hue smart lightning hits the garden with outdoor lamp options
Philips on Monday announced its Philips Hue outdoor lineup will launch in the United States and Europe in July. The luminary lights attach to walls and are available in a four styles: Lucca , Tuar, Turaco, and Ludere .

Goldman Sachs CEO Lloyd Blankfein to Step Down, Report Says
Schwartz came up through Goldman's trading business, where he played a central role during the 2008 financial crisis. Solomon ended up taking a demotion to join Goldman Sachs, a bet that now seems to have paid off in spades.

The Miami Dolphins Are Planning To Release DT Ndamukong Suh
Suh's departure would be the latest in cost-cutting moves by the Dolphins , who missed the playoffs in 2017 after finishing 6-10. Until the Dolphins actually release Suh, Seattle and other interested suitors won't be able to pounce just yet.

Ford Mustang California Special adds a little more go to its show
Despite just being refreshed for 2018, Ford is bringing several changes to the 2019 Mustang. Buyers will have the choice to add a new 1,000 watt, 12-speaker B&O system to the Mustang.

Fashion designer Hubert de Givenchy (91) dies
Givenchy set the template for ladylike chic in the 1950s and 1960s, dressing everyone from Princess Grace of Monaco to Jane Fonda. In 1988, the Givenchy brand was eventually sold to LVMH, a luxury brand that owns companies like Moet, Loius Vuitton, and others.

WWE's Jeff Hardy arrested for DWI
He was arrested and then shortly released on Saturday evening, and he will have to appear in Cabarrus County Court in April. Hardy has also had his driving licence revoked for at least 30 days, CBS reports .

PSG chiefs to visit Neymar in Brazil amid Real Madrid links
Before his injury, Neymar was having a fine season on a personal note, scoring 28 goals in 30 appearances across all competitions. And Los Blancos boss Zinedine Zidane said just yesterday that the 26-year-old would get into any team in the world.

Beyoncé and Jay-Z announce On the Run II tour dates
Will there be special guests? But Beyoncé confirmed the news today in an Instagram post showing footage from their previous tour. Beyonce and Jay Z perform during the Beyonce and Jay Z - On the Run tour at AT&T Park, Aug. 5, 2014, in San Francisco.

Sir William Henry Perkin Google Logo
After decades dedicated to manufacturing and working on dyes, Perkin went back to research after he sold his factory in 1874 . After the discovery, he focused on patenting, manufacturing, and the commercialization of this purple dye.

Huawei launches Honor 7C with Snapdragon 450 and 4 GB of RAM
The phone was set for launch on the March 12 and as reported, the company has officially announced the Honor 7C smartphone. The device features a combination of 13 Megapixel + 2 Megapixel of rear cameras as Primary Camera on the device.

China's Xi says looks forward to smooth US-North Korea talks
North Korea has yet to respond over the possibility of a summit with US President Donald Trump , Seoul has revealed. China was willing to promote the healthy and stable development of North Korea-South Korea relations, Yang said.