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Apple will confirm the Shazam acquisition today; Snap and Spotify also expressed interest

Apple will confirm the Shazam acquisition today; Snap and Spotify also expressed interest After we broke the story last week that Apple was acquiring London-based music and image recognition service Shazam, Apple will be confirming the news today, we have heard. It is purchasing the startup — one of earliest players in the world of mobile music — as part of its bigger ambitions in the music business. We’ve heard that the news should be out some time between 8am and 9am Pacific. Apple is not disclosing the price but…

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LimeBike, the cycle-sharing startup, expands to Europe as it hits 1M rides in the US

LimeBike, the cycle-sharing startup, expands to Europe as it hits 1M rides in the US LimeBike, one of the many startups hoping to steal a march in the crowded bike-sharing market, is today taking its first step to scale internationally. The Bay Area-based company — which lets people use an app to find and ride “dockless” bikes for $1 for 30 minutes (or $0.50 for students) and then leave them parked on sidewalks for future customers to use — is expanding to Europe, with a launch of 500 bikes each…

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Time’s up for the Ticker? Facebook appears to axe feed for tracking your friends’ activity

Time’s up for the Ticker? Facebook appears to axe feed for tracking your friends’ activity As Facebook continues to tinker with its layout and services to spur more interactions and engagement, it seems that not even the most well-known or oldest features are spared. In the most recent development, it looks like Facebook has quietly removed the Ticker, the box that used to appear to the right of your News Feed to summarize what all your friends have been liking, commenting on, and generally doing on the social network. The…

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Sources: Apple is acquiring music recognition app Shazam

Sources: Apple is acquiring music recognition app Shazam As Spotify continues to inch towards a public listing, Apple is making a move of its own to step up its game in music services. Sources tell us that the company is close to acquiring Shazam, the popular app that lets people identify any song, TV show, film or advert in seconds, by listening to an audio clip or (in the case of, say, an ad) a visual fragment, and then takes you to content relevant to that search. We have heard…

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Compass gets $450M from SoftBank; real estate portal now valued at $2.2B

Compass gets 0M from SoftBank; real estate portal now valued at .2B Less than a month after raising $100 million led by Fidelity, real-estate startup Compass is striking while the iron is hot. The company has now picked up an even bigger investment of $450 million, this time from the SoftBank Vision Fund, plus another $50M in secondary deals, to fill out a vision of its own: taking its real estate rental and sales platform global. New York-based Compass is now valued at $2.2 billion post-money, up from $1.8 billion…

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WorldRemit nabs $40M at a $670M valuation to boost its money transfer business

WorldRemit nabs M at a 0M valuation to boost its money transfer business WorldRemit, a London-based startup with some 2 million users that offers a quick way for people to send money to each other with a focus on developing markets, has raised more funds to help it take on the likes of Western Union in the remittances market, estimated by the World Bank to be worth some $596 million globally this year. The company has picked up $40 million — a Series C round that sources tell us brings the…

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Contentful, a Stripe for content management, raises $28M led by General Catalyst

Contentful, a Stripe for content management, raises M led by General Catalyst There has been a veritable explosion of connected devices that people are using these days to interact with apps and the internet, from smartphones and computers, to cars, watches, home speakers and refrigerators. Now a startup out of Berlin called Contentful has raised $28 million to position itself as the platform to manage how all that information is delivered via a set of APIs. The Series C funding is led by General Catalyst, the VC that last year…

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Chase closes WePay acquisition, a deal valued up to $400M

Chase closes WePay acquisition, a deal valued up to 0M Banking giant J.P Morgan Chase is taking another step into tapping fintech startups not just for investment, but for growing its business more directly. The company has officially closed its acquisition of WePay, the payments startup that powers payments for crowdfunding platforms like GoFundMe and competes with the likes of Stripe to provide payments infrastructure to any business that makes transactions online. Sources close to the company have confirmed the price of the deal to us: just over $300 million,…

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GoFundMe drops 5% Platform Fee for U.S. personal campaigns, adds tips

GoFundMe drops 5% Platform Fee for U.S. personal campaigns, adds tips GoFundMe, the popular fundraising juggernaut that now has 50 million users and has raised over $5 billion in funding for causes to date, is making an interesting change today that could see those numbers getting a boost — or at least help it fend off competition from other fundraising platforms like Facebook’s. GoFundMe is dropping the five percent Platform Fee that it charges to individuals when they launch personal campaigns on the platform (in the U.S. only for now),…

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Uptake nabs $117M at $2.3B valuation for industrial predictive analytics

Uptake nabs 7M at .3B valuation for industrial predictive analytics A company that is seizing the opportunity to provide predictive analytics to the industrial world — regardless of whether a business has made the (often costly) transition to internet-of-things “smart” systems — is today announcing that it has raised a significant round of growth funding to double down on the opportunity. Uptake, a SaaS startup that uses machine learning to read and understand how machines are working, and also anticipate when they may break down or need other attention, has…

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