The last major acquisition made by Apple was in 1996 when it purchased Next Computer Inc.at a cost equivalent to $600 million in today's currency.
Shazam has been downloaded over 1bn times and although Shazam is popular with smartphone users it has struggled to make much money, with revenues of $54m in 2016. While the company has not revealed the financial terms of the deal, it is reportedly worth around $400 million.
But Shazam has struggled to find a way to make money off its technology, even as it said that it had reached one billion downloads on smartphones previous year.
The app, which analyses audio clips to identify songs, TV shows, films or adverts in seconds, was last valued at £750m in 2015.
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The corrections came from stories that initially had been damaging to the president but didn't live up to the scrutiny. But that didn't satisfy the president, who called Weigel's original tweet "FAKE NEWS" and said , "he should be fired".
The official statement reads: "Apple Music and Shazam are a natural fit, sharing our passion for music discovery and delivering great music experiences to our users".
Apple has officially confirmed that it has acquired music recognition application Shazam.
Apple will be mindful that first Google Now and subsequently Google Assistant have used in-house technology to let Android users identify songs. "We have exciting plans in store, and we look forward to combining with Shazam upon approval of today's agreement".
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Yates, who was signed after Watson was injured, threw for 175 yards and two touchdowns in his first game since November 16, 2015. Savage missed the Texans' wildcard game against the Oakland Raiders last season because of a concussion.
On Monday, Apple said that it would buy Shazam in a fresh bid to secure an edge in the intensifying battle of streaming services, as Spotify moves towards a public listing. The company continued investing heavily - most notably by acquiring Beats Music and Beats Electronics, a headphones and speakers company combined with a streaming service founded by rap mogul Dr. Dre and producer Jimmy Iovine. So we are not sure about this deal and how Apple will generate the revenue from it.
Since its launch, Shazam has kept adding to its services.
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Why do you find enjoyment out of taking innocent people and finding a way to be mean to them. "Don't let them make you turn cold". Ultimate Fighting Championship President Dana White said he wanted to bring Keaton to Las Vegas to hang out at UFC headquarters.
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