m3n4.net
m3n4.net January 22, 2018


Apple reportedly may buy music identifying app Shazam for $400M

09 December 2017, 06:39 | Antoinette Holland

Justin Sullivan Getty

Justin Sullivan  Getty

Apple Music integrated with Shazam?

The deal could be worth around $400 million (so not much for Apple) and announced as soon as next week.

The Shazam app uses the microphone on a smartphone to identify nearly any song playing nearby.

Missing teen out of Columbia County located safe in NY
Friday by a State Police investigator, Todd Grant, who recognized Rodriguez's red Mercury sedan and its Florida license plates. Frisina has played soccer at Fort White High School, according to an online roster published by Next College Student Athlete.

The technology news site, quoting unnamed sources, said that the deal could be announced Monday with financial terms not yet clear.

FT has also confirmed the story.

Shazam is the music discovery app that enables a smartphone owner to identify just about any song simply by tapping a button and holding their phone within listening range of the audio. If the rumor is true, the company has lost 60% of its value in two years.

Harvey Weinstein resigns from Directors Guild of America
Weinstein has further confirmed that there were never any acts of retaliation against any women for refusing his advances". Bob Weinstein is yet to respond to the suit, but has denied any knowledge in his brother Harvey's alleged misconduct.

Buying out Shazam would also rid Apple of having to pay Shazam for click-throughs to iTunes purchases like it does now. The London-based company boasts more than 100 million monthly users, and hit one billion total downloads previous year. One source puts the price of the acquisition around US$401 million, although Shazam was once valued at US$1 billion dollars. The company also lost approximately $22 million the year before that. In 2016, the company added a new augmented reality feature, allowing users to scan branded Shazam codes to unlock deals and games on the app.

Apple has made dozens of other acquisitions, and one of the biggest has been in the area of music: it acquired Beats for $3 billion in 2014, which became the basis for Apple Music. That's about half the 60 million paid subscribers that Spotify now enjoys.

Reps for Apple and Shazam did not immediately respond to requests for comment.

Padmavati for selective eyes, why?: House panel
MPs CP Joshi and M Birla had approached the parliamentary panel headed by Anurag Thakur to ensure that the movie is not released. According to sources, Virendra Kashyap, BJP MP from Shimla, asked Bhansali if he had created the controversy for publicity.



Other News

Trending Now

Microsoft plans a multibillion-dollar overhaul of its Redmond headquarters
The overhauled campus will feature underground smart parking facility, as well as inclusive and accessible technology. Having been the bane of many Microsoft employee for their confusing corridors, it's unlikely they'll be missed.

Cyclone Ockhi: IMD issues advisory on sea conditions
According to a private weather agency, Mumbai and adjoining regions will continue to receive light to moderate with few intense showers.

4.4 magnitude DE natural disaster shakes Philly, South Jersey region
Among the areas that reported shaking on Thursday included New York City, Philadelphia, Baltimore and Washington DC. Carberry, who is from the West Coast, said she told co-workers, "I'm pretty sure this is an natural disaster ".

Federal Bureau of Investigation makes arrest in disappearance of 3-year-old NC girl
Woods' mother, Kristy Woods, told WITN-TV in Greenville that she last saw her daughter at about 11 p.m. The statement did not indicate whether Kimrey had a lawyer or if anyone else could also be charged.

Trump's ex-NSA Flynn pleads guilty to lying in Russian Federation probe
As Mueller's probe intensified in the early months of the Trump administration, Gates left the nonprofit altogether. The documents allege that Flynn lied about conversations with the Russian Ambassador at the time, Sergei Kislyak.

Black Friday Sets Record for Gun Background Checks
The actual number of guns sold may be even higher, since shoppers buying multiple firearms only require one background check. The FBI received the most background check requests for gun purchases in a single day on Black Friday .

Civic polls indicate farewell for Rahul, Akhilesh: Adityanath
Independent Rajendra Kumar Singh won the Sirathu Nagar Pacnhayat seat while SP's Urmila Devi emerged victorious in Karari Nagar. Prime Minister Narendra Modi has tweeted his congratulations to CM Adityanath and party workers on the BJP's emphatic victory.

Judge Grants Waymo's Request To Postpone Trade Secret Trial Against Uber
The trial was originally scheduled to begin on December 4, but Waymo filed a last-minute motion to postpone on Monday. Jacobs had drafted a letter with lawyers to Uber's in-house lawyer regarding the ethics of the above practices.

Longest-serving USA congressman quits after sex harassment claims
Ian Conyers did not go into detail with the Times on the allegations against his family member, but said he would stand with him. Grubbs also claimed that Conyers "walked out of his bathroom, knowing she was in the room", when they were at his house.

No Snoopy Christmas tree for me
Who said the tree was worth the extra cost. "If they're going to leave it up until Christmas, that's quite a span", he said. Trees can only be kept inside for a few days and must then be planted which may not work in our area.