Vancouver-based Zite magazine app may be bought by CNN

It is being reported by Techvibes that cable news giant CNN may buy Vancouver-based iPad tablet magazine Zite for up to $US25 million. Zite is an iPad app that, for now, is available for free from the App Store; it aggregates content (mostly news) based on users' personal preferences -- essentially a personalized web search engine. CNN has understandably relied heavily on video for its own iPad