Apple announces plans to acquire digital magazine service Texture

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Today Apple revealed that it is to acquire the digital magazine subscription service Texture. The iPhone-maker says that it has signed an agreement about the acquisition but does not say when it will complete. The company says the move is part of its commitment to “quality journalism from trusted sources,” and it has already shown its appreciation of Texture by featuring it in the App Store’s “best of” selections. The service currently provides access to over 200 digital titles, including names such as Elle, the New Yorker and Vanity Fair. John Loughlin, CEO of Texture and Next Issue Media (the…

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