Stock Update (NYSE:TWX): News reader company Flipboard buys rival Zite from CNN

[Reuters] – The deal is valued at $60 million, according to the CNN Money website. Time Warner Inc’s (NYS:TWX) CNN bought Zite, a news reader application that aggregates content for tablets like Apple . . . → Read More: Stock Update (NYSE:TWX): News reader company Flipboard buys rival Zite from CNN Similar Articles: Big news from Apple Oil and Natural Gas Stocks: This small U.S.-based energy company has it all Commodities Trading: Aluminum’s Alcoa bribes (maybe) and buys