Love Pocket? Mozilla just bought the app to fix its mobile problem.

Mozilla is trying to get back into mobile. 

The company acquired Read It Later, the developer of bookmarking app Pocket, in what Mozilla called its "first strategic acquisition." 

Terms of the deal were not disclosed but both companies said Pocket would continue to operate as an independent subsidiary of Mozilla, which makes the Firefox web browser.  

For Mozilla, the acquisition could help give the company something of a fresh start in mobile. Mozilla killed what was left of its Firefox OS earlier this year. Launched in 2013, the ill-fated operating system failed to gain traction despite the release of the company's budget phones.  Read more...