iPad Headlines

Breakingviews - Apple acquires goodwill of flag-waving publishers

Apple is acquiring the goodwill of flag-waving magazine publishers for less than pocket change. The $925 billion iPhone maker is buying Texture, a digital subscription service for titles like Rolling Stone. The pixelated newsstand was intended as an antidote to Apple’s onerous terms. With the print industry suffering, though, buying it makes the tech giant look like a white knight.