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ExclusiveShazam picks up a new £20 million investment

News Mark -

Mobile-based music recognition service Shazam has arranged a new $30 million investment (around £20 million), which values the company at over $1 billion (£663 million).

The company has over 100 million active mobile users per month and has seen its app downloaded over 500 million times.

ExclusiveMusic discovery service Shazam predicts chart hits for 2014

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Shazam, which enables users to identify or ‘tag’ music tracks and learn more about TV shows via a smartphone app, has predicted the music artists that it expects will ‘break’ during 2014.

Overall, more than 400 million people use Shazam worldwide, with more than 15 million Shazam searches taking place every day.

ExclusiveA security scare, a new mobile payment service, some quarterly results and loads of money

Podcasts Mark -

We start this week's podcast by talking about an Android security risk - before moving on to new 4G services from EE, a drop in Nook tablet prices and a couple of quarterly results that disappointed the stock market.

In addition we discuss insurance complaints, Bluetooth Smart technology, a new multi-million investment in Shazam and some research about the future of apps.

Another multi-million pound investment for Shazam

ExclusiveAnother multi-million pound investment for Shazam

News Mark -

America Movil, which is Latin America’s largest mobile telecom network operator, has invested $40 million in mobile music recognition and media engagement company Shazam.

The money will help accelerate Shazam’s growth as well as funding the development of new products.

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