Friday six-pack: six news items to get you ready for weekend cocktail parties and other current events chatter:
1. A Graceful Exit. It’s easy to craft optimistic prose when announcing the launch of a new business, but it’s another thing when it’s time to say goodbye. The cofounders of Readmill, an e-reading app for Android and iOS, issued a thoughtful exit message to users when they confirmed that the Berlin-based startup has been acquired by Dropbox, and the app will shut down July 1. “At every turn, your feedback shaped Readmill’s development, and your passion signaled a new chapter for reading. Together we wrote in the margins of e-books and discussed our favorite passages from across the world. Thank you for helping to bring this reality into view.” Market research firm Gigaom speculates Dropbox shelled out about $8 million to acquire Readmill for its technology that helps readers share and leave notes for each other within e-books, said Henrik Berggren and David Kjelkerud, who are moving to Dropbox’s San Francisco office, according to TechCrunch.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]