Apple confirms Shazam deal, reports say it paid $400 million
(WorldNews Music)

Apple has confirmed its acquisition of music recognition app Shazam to bolster its efforts in the music business. This is the first major acquisition since the company purchased Beats in 2014 for nearly $3 billion. Apple hasn’t disclosed the price it paid for Shazam, but media reports estimate it to be around $400 million. Shazam, the London based startup is known for music and image recognition that...