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31-year-old millionaire has zero sympathy for unemployed Gen Z's ‘excuses’—he says 'it is scarily easy' to build a business and get rich right now

2

The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy

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Iran's president admits 'we have many problems' and missiles 'are of no use' as the U.S. chokes its economy while weakening Tehran's grip on Hormuz
Apple

Here’s Apple’s New Apple News+ Magazine Subscription Service

By
Jonathan Vanian
Jonathan Vanian
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By
Jonathan Vanian
Jonathan Vanian
Down Arrow Button Icon
March 25, 2019, 2:06 PM ET
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Apple is getting into the news subscription business with its new Apple News+, a paid version of the company’s Apple News.

Apple CEO Tim Cook announced the new service, which costs $9.99 monthly, at an event on Monday in Cupertino, Calif.

Subscribers will be able to access 300 magazines, including Billboard, The New Yorker, and Popular Science. Some digital-only publications will be available as well, including tech news site TechCrunch and entertainment and arts site Vulture.

Apple News+ will also include a few newspapers like The Los Angeles Times and The Wall Street Journal, but not The New York Times or The Washington Post, both of which declined to participate.

Cook took some subtle shots at competitors like Facebook and Google that have also partnered with news organizations to distribute news. He called Apple’s news strategy a “different approach than others,” saying that it “prioritizes news source reputation over propensity of headlines to garner clicks and likes.”

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Apple editors will pick the top stories that will be featured within the app’s main news feed, a tactic aimed at averting the problem of highlighting content of questionable quality. Additionally, the service will recommend articles to readers that Apple believes will interest them, but the company, which emphasizes privacy in its products to contrast it with more data-hungry Google and Facebook, promised that it won’t “know what you read.”

 

About the Author
By Jonathan Vanian
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Jonathan Vanian is a former Fortune reporter. He covered business technology, cybersecurity, artificial intelligence, data privacy, and other topics.

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