Tuesday, August 30, 2011

Zite sale to CNN confirmed; bye-bye Vancouver, hello San Francisco

CNN has confirmed that it is buying Zite, the Canadian tablet software developer for an undisclosed price (said to be in the area of $20 million). With the purchase, however, Zite is decamping from Vancouver to San Francisco. A story on the CNN site said that Zite will operate as an independent company (CNN's headquarters are in Atlanta). Zite's sole product is an iPad application that aggregates

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