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"Now that we're better resourced, we're able to offer everyone the best version of Instapaper," the company said in the Tuesday post. (The amount wasn't disclosed.) That gave Instapaper the ability to do away with charging its users for a premium version, which was $3 a month or $30 a year. Pinterest, the popular digital scrapbooking site, bought Instapaper in August.
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Current subscribers to the premium version will get prorated refunds. That includes an ad-free website, full-text search for all articles, unlimited notes and speed reading, text-to-speech playlists and Kindle Digests of up to 50 articles.
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Starting today, Instapaper users get access to features previously available only via a paid subscription, the company said in a blog post. Instapaper is a service that lets users 'save anything, read. In 2013, Arment sold a controlling stake to Betaworks, a New York City-based investment firm and incubator for young startups, and has stepped away from day-to-day operations, though he said at the time that he’ll remain as an advisor.Instapaper said Tuesday the premium version of its article bookmarking app is now free, and it strongly hinted its new owner made it possible. Created by Marco Arment in 2008, Instapaper was one of the first apps that implemented read-it-later functionality, and it was certainly one of the most widely used and well-known apps in the. Pinterest wants to bring more articles to its site, which has primarily been a place where users post and manage photo-based content. Get Data Sheet, Fortune’s technology newsletter. It has a few direct competitors, most notably Pocket. Instapaper, the popular bookmarking service that was acquired by Pinterest nearly two years ago, has today announced that it is going independent again as. Similar to Pocket, Readability and Feedly, among others. Pinterest, meanwhile, may get some new features as a result of this buy: The Instapaper team said it plans to leverage its experience and technology to help bolster Pinterest's discovery products.
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While mostly free, Instapaper generates revenue through premium features such as the ability to search through all saved articles, for $2.99 per month or $29.99 per year. Pinterest just acquired Instapaper, an app that allows users to save web content so that it can be read later, even from a different device. Instapaper’s team will continue to operate the service as a standalone app while it also works on Pinterest’s own service, the company said.įounded in 2008 by web developer and writer Marco Arment, Instapaper’s mobile apps let users “save for later” news articles, blog posts, and other items they want to read later. In the three years since betaworks acquired Instapaper from Marco Arment, weve completely rewritten our backend. Financial terms of the deal were not disclosed. On Tuesday, Pinterest, whose online service is best known as a way to collect images of food and home decor, said it has acquired Instapaper’s team and technology.