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Apple is buying Shazam for $400m

<p>Shazam is an application that allows songs&comma; TV shows&comma; films or adverts to be recognized in seconds&period; All you have to do is play it an audio clip or a visual fragment and it will give you results of what it has found&period;<&sol;p>&NewLine;<p><a href&equals;"https&colon;&sol;&sol;www&period;wincert&period;net&sol;wp-content&sol;uploads&sol;2017&sol;12&sol;Shazam&lowbar;logo&period;png"><img class&equals;"alignnone size-full wp-image-2375" src&equals;"https&colon;&sol;&sol;www&period;wincert&period;net&sol;wp-content&sol;uploads&sol;2017&sol;12&sol;Shazam&lowbar;logo&period;png" alt&equals;"shazam" width&equals;"800" height&equals;"229" &sol;><&sol;a><&sol;p>&NewLine;<p>Shazam was launched way back in 1999 when apps were not yet discovered and it was a service you could pay for with an SMS and it included various options&comma; such as following what many famous people have been listening to&period;<&sol;p>&NewLine;<p>It has been reported that Apple is going to buy it so that they could step up in their own music services&period; The amount of money laid down for this purchase has not yet been officially confirmed but rumor has it that about 401 million &dollar; is in the game&comma; but it could also possibly be a lot more&period; This figure might seem a lot but when you take into consideration that the post-money valuation the company had in its last funding round was more than a billion dollars&comma; this does not seem so much anymore&period; It just goes to show that Apple is buying Shazam at a big discount&period;<&sol;p>&NewLine;<p>Nowadays&comma; Shazam can integrate with many popular apps like Snapchat or Siri from Apple&period; It also works together with other apps for music&comma; like Spotify and Apple Music&period; It is obvious that this acquisition is a very good business move that will make a lot of profit for Apple and get more and more users and subscribers every year&period;<&sol;p>&NewLine;

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