Apple is acquiring the Netflix of magazines

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Enlarge (credit: Texture)

Apple announced today that it signed an agreement to acquire the digital magazine service Texture, which serves articles from more than 200 magazines digitally on iOS, Windows, Amazon, and Android devices for a flat monthly fee.

Apple has acquired the entire company, including staff, and has assured users that the Android version of the app will still be supported. The price of the acquisition was not disclosed.

Texture was founded in 2010 and was formerly called Next Issue until it rebranded in 2015. It was chiefly founded and owned by a group of major magazine publishers, but it also raised $ 50 million from other investors. It launched during a time when the magazine industry harbored some optimism that the iPad and other tablets would be popular platforms for premium subscriptions as an alternative to the Web, which was dominated by tech companies like Google. As digital magazines like News Corporation’s The Daily folded, it became clear that future wasn’t panning out.

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apple – Ars Technica

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Amazon acquiring smart home security firm Ring, HomeKit support still promised for Ring Pro and Floodlight Cam

In a surprise move, Amazon is reported to be acquiring Ring, maker of smart doorbells, cameras, and home security products. The deal is expected to be officially announced later today.



Amazon Acquiring Video Doorbell Maker Ring, but HomeKit Support is Still Coming

Amazon is acquiring Ring, the company that makes a range of WiFi-enabled home security products that include video doorbells, reports GeekWire. The two companies are expected to officially announce the acquisition news later this afternoon, but provided a statement to GeekWire.

“Ring is committed to our mission to reduce crime in neighborhoods by providing effective yet affordable home security tools to our neighbors that make a positive impact on our homes, our communities, and the world,” a Ring spokesperson said in a statement. “We’ll be able to achieve even more by partnering with an inventive, customer-centric company like Amazon. We look forward to being a part of the Amazon team as we work toward our vision for safer neighborhoods.”

Many customers who own Ring products have been eagerly awaiting integration with Apple’s HomeKit platform, and though Amazon is purchasing the company, Ring has this afternoon promised on Twitter that support is still coming. According to Ring, HomeKit support is being tested for Ring Pro and the Floodlight Cam, with the company promising to offer details on a release date following once testing is completed.

HomeKit support is a feature that Ring has been promising for some time. In October, for example, Ring said bringing HomeKit support to its Ring Pro and Floodlight Cam was an “ongoing project” but had “been delayed.” Ring support for Amazon’s Alexa products has been available for months now.

Ring has been offering video doorbells for several years now, and recently expanded its product lineup with additional cameras and a new range of connected lights added to the Ring lineup through an acquisition of Mr. Beam.

Amazon has recently become interested in smart home-related companies, and back in December, purchased Blink, another company that offers home security cameras and video doorbells. Amazon has also released its own home security camera, the Cloud Cam.

Amazon’s interest in smart home products stems from its Amazon Echo line of products, which offer Alexa integration and allow users to control their third-party smart home devices. Alexa works with many of the smart home products on the market today.

Tags: HomeKit, Ring

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AppleInsider podcast discusses iPhone 8 production, FM radios, and Apple acquiring a health company

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This week on the AppleInsider podcast, Neil and Victor talk about iPhone 8 production numbers being cut, anticipation for iPhone X, the FCC’s useless call for FM radios on iPhones, and Apple buying a healthcare company, and much more.
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Fandango is acquiring rival online ticketer

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Google reportedly close to acquiring HTC’s smartphone business

HTC produced the very first Android phone in 2008, and it went on to become one of the most prominent makers of Android devices as the platform grew. However, it’s been years since the Taiwanese company had a hit. As financial losses continue to mount, there are new rumors that Google is nearing a deal to acquire HTC’s smartphone division.

According to the Chinese-language Commercial Times, Google and HTC are in the “final stage” of negotiations that could result in Google rescuing the smartphone maker.

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Google reportedly close to acquiring HTC’s smartphone business was written by the awesome team at Android Police.

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Logitech is acquiring gaming headset maker Astro for $85 million in cash

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Historically, Logitech has catered to PC gamers with mice, keyboards, headsets, and other peripherals. With Astro, which caters to enthusiast and professional console gamers, Logitech will be able to cover more of the broader gaming accessory market. The company has no plans to shutter the Astro…

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After acquiring Nextbit, Razer sets sights on disrupting mobile market

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