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Apple is rallying after announcing a monthly subscription service for news

11 monthes ago   |   By

Markets 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. See the rest of the story at Business Insider NOW WATCH: Wall Street's biggest bull explains why trade war fears are way overblown See Also: Kids at every...
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Apple is reportedly readying a monthly subscription service for news

Apple is reportedly readying a monthly subscription service for news

11 monthes ago   |   By

AP
Apple is planning to launch a premium subscription for news, Bloomberg reported.
Last month, it bought Texture, a magazine subscription service that cost $9.99 per month.
The Apple News subscription could look a lot like Apple's streaming music service, Apple Music.
Apple is planning to launch its own premium subscription service for news, Bloomberg reported on Tuesday.
The subscription could launch later this year in an updated version of the Apple News app, according to the report. Last month, Apple bought Texture, a magazine subscription service that cost $9.99 per month. Most of the...
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