Instapaper Sold to Betaworks ⇥ marco.org

Marco Arment:

I’m happy to announce that I’ve sold a majority stake in Instapaper to Betaworks. We’ve structured the deal with Instapaper’s health and longevity as the top priority, with incentives to keep it going well into the future. I will continue advising the project indefinitely, while Betaworks will take over its operations, expand its staff, and develop it further.

Big, surprising news today. As Matt Bonney quips:

1. WWDC sells out in 2 minutes.
2. Twitter for Mac is updated.
3. @marcoarment sells majority of Instapaper to Betaworks.

WTF is happening.