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CNN acquires Zite, maker of iPad magazine app

CNN announced Tuesday that it is acquiring Zite, a Canadian tablet software developer.
Zite offers an iPad application that can build a personalized magazine based on someone's interests and social media feeds. The app can determine users' favorite topics from which articles they choose to read and how they rate each one, similar to the way the Pandora Internet radio station customizes music playlists to listeners' tastes.

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