Welcome to the MacNN Forums.

If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.

You are here: MacNN Forums > News > Mac News > Instapaper bought by Digg owner Betaworks, app to continue

Instapaper bought by Digg owner Betaworks, app to continue
Thread Tools
MacNN Staff
Join Date: Jul 2012
Status: Offline
Reply With Quote
Apr 26, 2013, 12:11 AM
 
Popular Mac punditry figure, developer and publisher Marco Arment has announced that he has sold a majority share of his web-article saving and syncing app Instapaper to Digg owners Betaworks. Under the deal, Betaworks will "take over the operations, expand its staff and develop it further," says Arment, while he will continue advising the project "indefinitely." He admitted in the blog post that he had "had trouble" keeping up with the needs of the service for the past year, while rivals such as Pocket and Readability could devote more resources.

"Instapaper is much bigger today than I could have predicted in 2008, and it has simply grown far beyond what one person can do," Arment wrote. He added that "after more than five years, I'd like an opportunity to try other apps and creative projects." Arment said he didn't want to sell it to a big company that would just fold it into a bigger project or shut it down after six months (an oblique but likely reference to Google and their recent closure announcements of recently-acquired properties like Snapseed for Mac).

He said he realized which company should take on the project, based on his long-standing acquaintance of the Betaworks staff, which Arment said had "great engineering talent, great product direction, and plenty of experience running services at Instapaper's scale." Terms of the acquisition were not mentioned, but Betaworks added in a short post on its own website about the deal "we're thrilled." All services and apps are expected to continue as normal for the foreseeable future.


     
Fresh-Faced Recruit
Join Date: Apr 2013
Status: Offline
Reply With Quote
Apr 26, 2013, 04:22 AM
 
Looking at the degrading traffic of digg it is easy to say that they need some product to get back in business and instapaper is one such product which may help them make some profits.
     
   
Thread Tools
Forum Links
Forum Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Top
Privacy Policy
All times are GMT -4. The time now is 01:33 AM.
All contents of these forums © 1995-2015 MacNN. All rights reserved.
Branding + Design: www.gesamtbild.com
vBulletin v.3.8.8 © 2000-2015, Jelsoft Enterprises Ltd., Content Relevant URLs by vBSEO 3.3.2