Dan Frommer, reporting for Recode:
Mozilla, the company behind the Firefox web browser, is buying Pocket, the read-it-later service, for an undisclosed amount. Pocket, which is described by Mozilla as its first strategic acquisition, will continue to operate as a Mozilla subsidiary. Founder Nate Weiner will continue to run Pocket, along with his team of about 25 people.
When companies like this are acquired, there’s always promises that nothing will change for the worse, but we all know it rarely ends well. I hope Pocket is able to buck that trend and continue as a standalone service for the long haul rather than turn into just a feature built into Firefox.