The Wall Street Journal released a story yesterday that Google is planning a "digital newsstand" of sorts on Android and is in talks with leaders in the news industry to offer their content on the upcoming service. According to the unnamed sources, the service which Google is developing will likely present the news articles in apps from each publisher.
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Some of the big names that Google is reported to be talking with include Time Warner, Time, Inc, Condé Nast and Hearst Corp. However, no expected date or details about service were available. In addition, some executives have already indicated that the business venture may not materialize.
This move is seen by many as a major move against Apple, who has several agreements with news publishers already for subscriptions services of newspapers and magazines.
Google has made public their stance that they will take a smaller percentage of any profit from a sale than the 30% that Apple usually does. Somewhat alarming is the fact that Google has also said that they would give publishers certain personal data about the individuals who buy their apps in order to help with marketing.
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Source: The Wall Street Journal