Today, Prismatic declared that it will no longer be available and accessible for iOS, Android, and web news reader products and Interest Graph APIs for third-party developers.

Once the application is shut down, the reader will no longer have access to the stories for reading or saved within Prismatic.

Now, Prismatic team agreed that content distribution business is a very tough business and failed to develop at a rate that supports proceeding with the Prismatic News applications, as written by Prismatic team in Prismatic Blog.

According to VentureBeat, Prismatic started its business by Bradford Cross and Aria Haghighi in 2010 in San Francisco. The startup considered on a $15 million round of funding in 2012, with Yuri Milner and Accel Partners are joining.

Prismatic support adding so as to put away anything you have to know the story to Pocket, emailing it to self or copy and paste the links into another record. Prismatic has some steps on how users can export all data.

Prismatic connects user experience design, machine learning, and interaction design to make another approach to finding, expand, and share media. Prismatic programming uses social network gathering and machine learning calculations to refine the content that adjusts to the premiums of a particular customer.

Prismatic coordinates with Facebook, Twitter, and Pocket to accumulate data about user's intrigues and propose the most important stories to read.

People can do 3 important things on the Prismatic application. The first step is to tell the service what topics they occupied with and which people they need to follow. The second step is read and take the look at the recommended articles and pictures and third, one share articles back to those subjects.

The user can also export the URLs of every saved content in CSV format by first signing into the web application, and clicking "Export Stories" in the drop-down menu beside profile picture on the left side board.

Apple has consistently highlighted the Prismatic iOS application. Now, the Prismatic app has an average rating of 4.5 out of 5 stars in the iOS App Store and more than 2,000 user ratings, according to Wikipedia.

The news gathering app business had developed so quickly. When Prismatic started for the iPad, the trend was for a magazine like sense, and Flipboard is the only application still surviving from that period.

Prismatic has been completely reviewed by famous multiple news sources, including TechCrunch, The New York Times, Business Insider, AllThingsD, GigaOm, and PandoDaily.