On Friday, Apple confirmed that it had acquired book recommendation service BookLamp, as TechCrunch and Re/code first reported. Apple is believed to have paid between the $10 million and $15 million for the company, according to TechCrunch, although Apple didn't officially disclose any numbers. It's unclear exactly why Apple decided to purchase the Idaho-based startup, but the company issued a statement saying the following: "Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans." Apple will presumably use the company's technology to improve its own book store, iBooks, which houses more than 2 million free and paid book titles.
Comment on Apple Just Acquired BookLamp, The 'Pandora of Books,' And Here's How It Works
Lisa Eadicicco, Business Insider
Sat, 07/26/2014 - 7:00am
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more