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News reader company Flipboard buys rival Zite from CNN

Thursday, March 6, 2014 | More »

Flipboard
News reader company Flipboard said on Wednesday it has bought rival app Zite from CNN and struck a content partnership with the cable news network. The deal is valued at $60 million, according to the CNN Money website. A CNN spokesman called the valuation “inaccurate” but declined to giv...