This is actually not the first timeApple has attempted a news subscription service. Then, within the next year, Apple is expected to launch "an upgraded Apple News app with the subscription offering", and some of the revenue generated from the subscriptions will be distributed to the magazine publishers participating in the program.
But it's likely that Apple will approach the subscription service as Texture has, aggregating hundreds of magazines together in an all-you-can-read monthly service, rather than focusing on individual subscriptions.
Sell-Side Upside & Dividend: MPLX LP (NYSE:MPLX)
Citigroup reiterated a buy rating and issued a $46.00 target price on shares of Mplx in a research note on Friday, February 2nd. After $3.89 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts -30.33% negative EPS growth.
Since acquiring Texture, Apple has reportedly parted ways with 20 of Texture's 100 employees. Altering the balance in favor of more subscription-based content could transform Apple News from a library- or RSS-like aggregator into more of a store. Now, Apple Music boasts more than 40 million subscribers.
Apple shares are up 0.5% to $176.72.
Apple will likely carefully curate the partner organizations for its news service.
There will be some sort of revenue split between Apple and the publishers who will be featured in the service, but there's no details on that. However, it's likely that the company will use its current Apple News relationships to its advantage, as well as those that Texture brought into the mix (titles available on Texture included People, Rolling Stone, National Geographic, Sports Illustrated, and others).
Bloomberg says Apple is now integrating the technology and employees behind Texture into its own News app and team to develop the service.
Microsoft confirms Spring Creators Update crash bug
It would probably take another week for Microsoft to release today's build to all the rings to test it for any last minute issues. This build has no new features and includes the fixes from KB4100375 as well as some fixes for general reliability of the OS.
Analysts noticed BLOCKv (VEE)'s 24 hours fall of -0.74%
CoinLancer is a freelancing platform that will use the Ethereum blockchain to mitigate the issues in the contemporary freelance. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase ZClassic using one of the exchanges listed above.
Experts Analysis: Genworth Financial Inc (GNW)
The stock of Genworth MI Canada Inc. (NYSE: GNW ) has "Neutral" rating given on Tuesday, November 17 by Goldman Sachs. Traditionally, and according to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
CMCSA) — Comcast Corporation (NASDAQ
It improved, as 26 investors sold DHI shares while 204 reduced holdings. 162 funds opened positions while 352 raised stakes. Investors might be paying attention to what Wall Street analysts think about shares of Semtech Corporation (NASDAQ:SMTC).
Zidane: Bale and Benzema's futures 'not in danger'
Craig Bellamy believes Real Madrid are the only team that can stop Liverpool FC in the Champions League . If the rumour is confirmed, it appears Inter would be the most likely destination for the player.
S.Korea lists agenda for summit with North
But in late March, Kim made a visit to Beijing, his first known journey overseas since he took power in 2011. The North also had expressed readiness to hold a similar event with the President of the United States.
Vikings Reach Extension With LB Eric Kendricks
The fourth-year linebacker led the Vikings in total tackles in each of his first three National Football League seasons. Kendricks, 26, had 113 total tackles this past season, helping the Vikings defense become a dominant unit.