Instapaper, which has been owned by Pinterest for two years, is being spun out as a separate, independent company called Instant Paper, Inc., according to a company post.
The transfer is happening in three weeks.
Instapaper was founded in 2008 by Marco Arment, who sold a majority stake to Betaworks in 2013. It was acquired by Pinterest in 2016.
If you're in the EU, you can't use Instapaper because of GDPR rules.