BUSINESS
08/30/2011 02:22 EDT | Updated 10/30/2011 05:12 EDT

CNN buys Canadian iPad magazine app Zite

SAN FRANCISCO - CNN has acquired Zite, a personalized digital magazine for the iPad tablet computer.

Zite learns about its readers' tastes and tries to appeal to them with a package selected from hundreds of different websites.

CNN, a cable news channel owned by Time Warner Inc., has no plans to change Zite's format. The technology may be used to help CNN customize its news on the iPad and other mobile devices.

Financial terms of the deal announced Tuesday weren't disclosed.

Zite, which is based in San Francisco, started a specialty search engine called Worio six years ago. Its magazine for the iPad came out five months ago.