Apple launches Netflix-style news service; L.A. Times and Wall Street Journal participating
(WorldNews Business)

The Los Angeles Times is joining a new paid subscription news service created by Apple that offers customers who pay a monthly fee of $9.99 access to articles from a selection of publications, many of which are otherwise behind paywalls. Also participating is the Wall Street Journal, along with more than 300 magazine titles including the New Yorker, Time and People. `We believe in the power of journalism and the impact it can have on our lives,` Apple Chief Executive Tim Cook said at a media event at Apple`s headquarters Monday. `We want to make a valuable contribution to the industry and society as a whole.` The service, called Apple News+, is available in the United States and...