Apple to launch a news subscription service, report says

About a month ago, Apple spent part of its enormous cash reserves on acquiring digital magazine subscription service Texture. 
Now, according to a new report from Bloomberg, the company plans to put this acquisition to good use by launching its own news subscription service, integrated into Apple News. 
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Apple fired about 20 Texture employees right after the acquisition, and plans to fold the others and Texture's tech into its A