The Cupertino company now offers access to a variety of news services through its Apple News app, however, many of these require individual subscriptions.
Apple did not respond to request a comment on the report.
ZTE Labeled Security Risk by UK Government
Other optical component companies also slid, with Lumentum Holdings Inc falling 8.9 percent and Finisar Corp dropping 4 percent. ZTE already sells both its branded and white-label smartphones via mobile carriers AT&T and Verizon in the US.
Undertaker vs. Chris Jericho (Casket Match)
In reality, while I love Rusev and The Undertaker and feel the two would put out a good match, it was kind of a random pairing. While this hurts the Rusev Day festivities, WWE instead made a decision to have The Undertaker face Chris Jericho on April 27.
Afghanistan: 25 Taliban killed in attack on govt compound
Rahmani said the attackers planted mines to stop reinforcements from coming to help the government forces fend off the attack. His claim could not be independently confirmed and the government did not immediately respond to it.
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. In 2014, Apple spent $3 billion for Beats to jump-start its music services, and $15 million for BookLamp, which was then touted as a "Pandora for books".
Now costing $9.99 a month, the service will eventually be managed by Apple's own news team.
Apple's services business is orders of magnitude smaller than its hardware business, but the company has had success with its Apple Music service, which now boasts almost 40 million subscribers. Services revenue grew 23% to $30B in FY17, but execs have a goal of $50B by 2021. During a recent earnings conference call, Apple told analysts it had a total of 240 million paid subscriptions, with 58 percent year-over-year growth.
Which makes sense when you think about it. Apple already makes a decent slice of cash by selling music and video on iTunes, alongside subscriptions for Apple Music, so it makes sense that it would want to expand that to other areas. Users can also subscribe for free to content to always see the latest from a respective publication. Texture previously had about 100 staff members. Will those publishers be okay with whatever revenue share arrangements they worked out when it was an industry effort - and when it reached a much smaller market than "preinstalled on every iPhone and iPad"? The company also laid off 20 former Texture employees after its acquisition, according to Bloomberg.