After being sold to Betaworks back in 2013 developer Marco Arment has once again made the popular read it later application Instapaper and independent company. After its original sale to the company that acquired Digg, Pinterest snapped up the company which is now sold the company back to Marco. The ownership transfer will occur after a 21 day waiting period designed to give Instapaper and Pintrest users fair notice about the change of control with respect to their personal information.
“Today, we’re announcing that Pinterest has entered into an agreement to transfer ownership of Instapaper to Instant Paper, Inc., a new company owned and operated by the same people who’ve been working on Instapaper since it was sold to betaworks by Marco Arment in 2013.
We want to emphasize that not much is changing for the Instapaper product outside the new ownership. The product will continue to be built and maintained by the same people who’ve been working on Instapaper for the past five years. We plan to continue offering a robust service that focuses on readers and the reading experience for the foreseeable future.
Lastly, we want to express our deepest gratitude to Pinterest for being such great stewards of the product over the past two years. With their support, we rebuilt search, introduced an extension for Firefox, made a variety of optimizations for the latest mobile operating systems and more. Our focus is providing a great reading application to our users, we appreciated the opportunity to do that at Pinterest, and are excited to continue our work.”
Unfortunately no information has been released as yet by the Instapaper Team on when normal access will resume throughout the European Union after the General Data Protection Regulation (GDPR), went into effect on May 25th, 2018.
Source: Instapaper
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