According to VentureBeat Apple has today added another chain to their belt of acquisitions with the buyout of the video discovery service

Primarily used as a second screen application for both the web and the iPad, the rumors may suggest that Apple are looking into building better recommendations for their long-rumored and long-awaited Apple TV (and not the box that plugs into your current TV).

The rumors may also explain why the service disappeared back in May with the only explanation provided to TechCrunch, where in an interview the CEO, Guy Piekarz old the site that the company had “plan to provide something better in the future.”

Current rumors are suggesting that the acquisition of the company was for between $1 and $1.5 million, however within nothing official yet, we will just have to wait to see if this turns out true.

Source: VentureBeat,

Via: Engadget

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