EU Regulators To Decide On Apple’s Beats Acquisition

beats

Apple announced its Beats acquisition for $3 Billion last month. The first step in the process of acquisition is getting the regulatory approval from various governing bodies where the companies conduct business. As per Reuters report, European Union’s Antitrust Commission is expected to make a decision on Apple’s $3 Billion deal to buy Beats by July 30. Read More

Apple Acquires Social-Based Search Engine Spotsetter

Spotsetter

According to a report by TechCrunch, Apple has acquired Spotsetter. Spotsetter is a social search engine that offered personalized recommendations on places to go. Spotsetter worked on a technology that involves layering of social data on top of a maps interface. It uses an algorithm to collect information from users’ social networks like Twitter, Facebook, Foursquare, and Instagram. Then it pairs the collected information from the social networks with information from services such as Trip Advisor, Yelp, The New York Times, Zagat and Michelin to provide recommendations on where to go. Read More