Covers everything Applish and Googlish
A startup named AI Music was recently acquired by Apple Inc., according to a source familiar with the matter. The startup utilises artificial intelligence to create customised music, and adds technology that could be employed to the entirety of its offered audio catalogue. The purchase of the London based startup, which was created in 2016, was completed recently. AI Music, before the purchase, has close to two-dozen employees.
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Apple has recently acquired digital magazine company Prss. Prss is a Dutch startup company and has made a web App to create iPad compatible magazines through its platform that does not require any coding knowledge. The news about acquisition was first reported by Dutch blog iCulture which was unsure about the acquisition, but the news was later confirmed by Apple:
Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.
On the first day of this month Apple was finally legally able to welcome Beats to the big Apple family. After months of rumours, talks and jumping through legal hoops, Apple has managed to close the $3 billion deal. Read More
The first step in the process of acquisition of Beats by Apple has been cleared. EU Regulators have given approval to Apple for the acquisition of Beats Electronics and Beats Music for $3 Billion. According to the EU commission, the buyout passes merger regulations. Read More
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
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
As announced during the recent earnings call, Apple has made around 24 acquisitions in just 18 months. With this speed as reported earlier by Apple Insider, Apple has beaten Google for the year 2013. Read More
