Pinterest Spins Out Instapaper as a Separate Company

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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.