Digg owner Betaworks acquires Instapaper
Betaworks, the company that rescued the faltering Digg, has now acquired Instapaper, says a report in TechCrunch. The news originated from an email sent by Betaworks founder and CEO John Borthwick and was confirmed by Instapaper founder Marco Arment. Arment writes on his blog,
I’m happy to announce that I’ve sold a majority stake in Instapaper to Betaworks. We’ve structured the deal with Instapaper’s health and longevity as the top priority, with incentives to keep it going well into the future. I will continue advising the project indefinitely, while Betaworks will take over its operations, expand its staff, and develop it further.
Borthwick says that Instapaper is a “perfect fit” with Digg and the company’s upcoming Digg Reader. He also confirms that Betaworks plans to expand the staff working on Instapaper and develop it further.
You may also like to check out:
- Download iOS 7.0.3
- How To Downgrade iOS 7 To iOS 6.1.3 / 6.1.4
- How To Jailbreak iOS 6.1.3 On iPhone 4, iPod touch 4 and iPhone 3GS Using Redsn0w
- How To Jailbreak iOS 6.0 to 6.1.2 Untethered On iPhone 4,3GS, iPod touch 4 Using Sn0wbreeze 2.9.11
- How To Jailbreak iOS 6.1.2 Untethered On iPhone 5,4S, iPad, iPod touch Using Evasi0n 1.5
- How To Jailbreak iOS 6 With Official Cydia On iPhone 4, iPhone 3GS And iPod touch 4G Using Redsn0w 0.9.15b1
- How To Downgrade iPhone 4, iPhone 3GS, iPod touch 4G From iOS 6 To 5.1.1 Using Redsn0w