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Weekly News Digest

July 29, 2014 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITI’s Twitter account: @ITINewsBreaks.

CLICK HERE to view more Weekly News Digest items.

Apple Acquires Book Analytics Company

Apple confirmed that it recently acquired, which was the demo site for the Book Genome Project, a technology that digitally analyzes books’ contents in order to offer recommendations to users. Apple would not disclose details; the company’s statement admitted that it “buys smaller technology companies from time to time. …” AppleInsider reports that Apple paid $10 to $15 million for

Reports speculate that the acquisition will help Apple improve discovery in its iBooks Store. According to Tim Cook, Apple’s CEO, the company has acquired 29 companies during the past 9 months.

Source: AppleInsider

Send correspondence concerning the Weekly News Digest to NewsBreaks Editor Brandi Scardilli

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