Apple announced it would buy Shazamin December in a deal worth less than the "turnover threshold" for the EC, but above the merger notification threshold for Austria, which leads the quorum of countries anxious by the deal.
Apple Inc's takeover of music-identification service Shazam may threaten to adversely affect competition and should be reviewed by the European Commission, the regulator said. Quite what the tech giant plans to do with Shazam's app, know-how and brand is not yet clear, though it is thought the audio ID technology may be used to enhance the Apple Music streaming service in one way or another. It did not disclose the price-tag for the deal but sources suggest it's paying in the region of $400 million.
"The Commission considers that the transaction may have a significant adverse effect on competition in the European Economic Area", said the Commission. However, the deal required approval from regulators in Austria under merger rules there, and it has made a decision to bounce the investigation up to the EC.
Now, Apple will have to ask the Commission to approve the acquisition. Now it's come to light that the European Commission will now be investigating the legality of last year's deal. The EU may be anxious that once Shazam is under Apple's control, the iPhone maker could choose to make Apple Music the only option for listening to tracks.
Seven European countries have called for a regulatory review of the deal.
The Commission has also concluded that it is the best-placed authority to deal with the potential cross-border effects of the transaction and will now ask Apple to notify the transaction.
A Black Lives Matter leader from Charleston, North Carolina died Tuesday after he was shot in New Orleans , Live News 5 reports. He was transported to the hospital, where he died later that morning, according to police spokesman Beau Tidwell .
Heavy snow is on the way and travel could be hard , the National Weather Service said in a forecast updated Wednesday afternoon. The storm system began moving into the region late Tuesday night prompting some schools to make early decisions to delay.
The report says the project has been in the works for 2 years and had an original launch date during the 2017 holiday season. Cloud-based service will run the game on Google's server instantly and it will transfer the data to your console later on.
He also objected to those kratom advocates who try to discount kratom's opioid effects because of its herbal plant appearance. Other people who died after taking kratom tended to have mixed it with other drugs of various kinds.
Las Vegas police released graphic video of the shooting, captured by surveillance cameras, in an effort to identify the suspect. Detectives say the man, believed to have done all of the shootings using the same gun, started his shooting spree on January 29.
We built this kit and collection based on the players' full identities. "They are part of a resoundingly cool culture". Brought to life by Nike, the team behind the jersey is however said to have been Nigerian.
The Sunday night championship game attracted 103.4 million viewers, down 7% from the 2017 Super Bowl, according to Deadline . Baker confirmed "there were items stolen" from Gronkowski's home but would not release the nature of what was taken.
Asian and white students held the highest graduation rates and the lowest dropout rates over their black and Hispanic classmates. The State Board of Education wants Idaho's graduation rate to improve to 95 percent by 2023.
The source went on to detail the layoffs as a method of reorganizing the studio and streamlining the company. Additionally, according to the report, the cut jobs means that another mystery project has been cancelled.
A ruling by two High Court judges in London yesterday means the ex-Glasgow University student will not be sent to the US. Love is accused of hacking into the Federal Bureau of Investigation , the US Central Bank and NASA.
Anthony Perez, 11, NYC Frozen Pond Hero, Dies in Rescue
There are red signs around Strack Pond, which is in the Woodhaven section of Queens, warning people of thin ice. While the friend rushed home to get help, the Daily News wrote that Perez was submerged for about a half-hour.
Auto Expo 2018: All-New Suzuki Swift Launched
Even in its new avatar, one of India's sweetheart, the all-new Maruti Swift continues to be a great value for money deal. While the petrol variant will have a 1.2 litre engine, the diesel option is powered by a 1.3 litre engine.
'New' Jaguar D-Types to be built by Jaguar Classic
Engineering manager at Jaguar Classic Kev Riches says the projects helped prepare the team for the D-Type build. Today, production has been restarted in Coventry, England, on the final 25 all-new, period-correct sports cars.