• Apple Wants to Disrupt the News Business with a Subscription Service

    6 days ago - By Fortune

    Apple has its sights set firmly on the media industry, according to a new report.
    The tech giant is planning to launch a monthly subscription service that would give users access to magazine content, Bloomberg is reporting , citing people who claim to have knowledge of the plans. Customers would subscribe to a premium Apple News offering that would give them access to paid media content from a variety of magazines and news outlets. Apple would then share a portion of that revenue with those publishers, the report says.
    Apple News launched in 2015 as an app available on the company's iOS...
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  • Apple is rallying after announcing a monthly subscription service for news

    Apple is rallying after announcing a monthly subscription service for news

    6 days ago - By Business Insider

    Apple shares are rising Tuesday after Bloomberg reported the company is launching a subscription news service.
    This is part of a broader effort to pivot its focus from devices to services.
    Apple stock got hit in late March, along with the broader tech sector, but remains up for the year.
    Apple shares are rallying Tuesday, up 1.5% at $178.46, after Bloomberg reported the tech giant is launching a subscription news service .
    The service could launch later this year, and would be an improved version of the current Apple News app, Bloomberg said. The new subscription offering would shift the...
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