Apple has acquired San Francisco-based music analytics startup Asaii which uses machine learning and artificial intelligence to help clients like record labels find the next Justin Bieber. Apple will reportedly use their technology to bolster Apple Music recommendations to users and better compete with Spotify’s efforts to work directly with smaller artist.
Apple is acquiring San Francisco-based Asaii, an automated analytics and artists and repertoire (A&R) platform for the music industry powered by machine learning and artificial intelligence. The transaction is valued at less than $100 million, Axios reported this morning.... Read the rest of this post here
Apple will pay $300 million in cash for parts of its supplier Dialog Semiconductor’s business and another $300 million in purchase obligations over the next three years.
Apple has agreed to pay $600 million to buy parts of Dialog Semiconductor, an Anglo-German supplier of power management chips and technologies. The move hints at Apple’s further custom semiconductor efforts in areas like power management and charging. Under the terms of the agreement, Apple is getting Dialog’s patents, a team of about 300 engineers representing sixteen percent of Dialog’s workforce and the company’s offices in Europe.... Read the rest of this post here
EU’s antitrust regulators should approve Apple’s acquisition of the British music identification service on September 18.
Apple’s acquisition of the British music identification service Shazam should be approved by the European Commission antitrust regulators after all, a new report has alleged.... Read the rest of this post here