Apple to Launch Subscription News Service

Adjust Comment Print

Despite its reputation as a company that rarely acquires other companies, Apple has made other media-related purchases.

But it's likely that Apple will approach the subscription service as Texture has, aggregating hundreds of magazines together in an all-you-can-read monthly service, rather than focusing on individual subscriptions. Now, Bloomberg believes that Apple is preparing to launch a new Apple News app over the next year or so.

Scientists accidentally engineer a plastic-eating enzyme
PETase was also tested on PEF plastic, a proposed plant-based alternative to PET that is similarly slow to degrade in nature. By contrast, the new synthetic enzyme could allow for plastic to be quickly - and endlessly - recycled.

Apple did not respond to request a comment on the report. There is speculation that Apple will keep Texture's $9.99/month pricing for the revised Apple News subscription service.

Apple is planning some paid news thing, according to Bloomberg report - though it's unclear if that'll simply be a rebrand of the Texture digital magazine subscription service that Apple acquired in March, or something that includes news sources beyond magazines. At the time, Beats Music had fewer than a million subscribers, and Apple has turned that into more than 40 million paying users.

Taliban attacks government compound in Afghanistan, 18 killed
Rahmani said the attackers planted mines to stop reinforcements from coming to help the government forces fend off the attack. His claim could not be independently confirmed and the government did not immediately respond to it.

A new, simplified subscription service covering multiple publications could spur Apple News usage and generate new revenue in a similar manner to the $9.99 per month Apple Music offering.

Now costing $9.99 a month, the service will eventually be managed by Apple's own news team. The company's services division generated sales of $30 billion last year, and Apple is aiming to increase this to $50 billion within the next three years.

Conte: Chelsea players deserve credit for comeback win
In the second half I saw a great reaction, the right will to fight to win despite the difficultly. Olivier we know very well, we are talking about worldwide players.

Apple shares took a hit in late March, falling as much as 10.4%, along with many other companies listed on the tech-heavy Nasdaq, after Facebook's Cambridge Analytica data scandal and President Donald Trump's crackdown on Chinese investment in United States technology rattled investors. Apple also gets a 15 percent cut from the subscription revenues that are being sold by third-party apps through the App Store, as pointed out by TechCrunch. The company could also choose to turn its original video content efforts into its own Netflix-like video subscription service. Texture had about 100 staff.