Apple has acquired the powerful automation app Workflow, reports TechCrunch. The outlet received a statement from the developers, as well as Apple, confirming the deal, but the financial details are not yet known.
For those who aren’t familiar with the app, Workflow is similar to the popular IFTTT service in that it allows you to create custom recipes to perform complex tasks. The app was designed by former jailbreak developers.
Mozilla, the non-profit organization behind the Firefox browser, has acquired the read-later service Pocket for an undisclosed sum. The deal files as Mozilla’s first acquisition and was confirmed by both Mozilla and Pocket.
I’ve been a longtime Pocket user because their elegantly designed cross-platform apps let me easily save stripped down versions of articles from online publications for reading later, even without an Internet connection.
Pocket will continue on as a wholly-owned, independent subsidiary of Mozilla. Pocket has native apps on App Store and Mac App Store, plus a browser extension.
Hot on the heels of multiple reports calling for some sort of facial recognition on iPhone 8 to potentially augment or supplant Touch ID, news reaches us that Apple has acquired RealFace, a machine learning and facial recognition company hailing from Israel.
The Tel Aviv-based startup, founded in 2014 by Adi Eckhouse Barzilai and Aviv Mader, was bought for $2 million, according to the Times of Israel. Hebrew-language financial outlet Calcalist pegged the deal’s value at several millions dollars. RealFace is innovating user authentication with what it calls the worlds leading facial recognition technology.
Apple’s boss Tim Cook said on a recent earnings call with investors and analysts that his company on average acquired between fifteen to twenty smaller companies per year for the last four years, noting that Apple looks for startups of all sizes. “There’s not a size that we wouldn’t do based on just the size of it, it’s more about the strategic value of it,” he said.
A new report Wednesday from Bloomberg alleges that Apple’s reluctance to cooperate with third-party advisers like investment banks, risk aversion and internal acquisition strategy are standing in the way of large takeovers.
U.S. wireless carrier Sprint announced Monday that it’s buying one-third of Tidal, Jay Z’s music-streaming service, in a bid to give customers exclusive content not available anywhere else. That’s right, Tidal and its artists will produce exclusive content that will only be available to current and new Sprint customers.
While Sprint now owns 33 percent of Tidal, Jay Z & Co. will continue to run the artist-centric service. Sprint’s CEO Marcelo Claure will join Tidal’s Board of Directors.
Spotify, the world’s top on-demand music service, is not buying Berlin, Germany-headquartered audio distribution platform SoundCloud after all, TechCrunch has learned.
Spotify has reportedly given up on its latest effort to buy SoundCloud realizing, after months of talks, that any such deal would probably negatively impact its impending initial public offering (IPO) and expected expansions in China, Russia and South Korea.