The Galaxy S Light Luxury was just announced in China packing very modest specs, the device is pretty much a "lite" variant of the Galaxy S8. The 5.8' screen from the S8 makes a return keeping the same dimensions as its bigger brother. The Light S features the same Super AMOLED panel with 1,080 x 2,220 px resolution (18.5:9). The phone has a single camera on the back - 16 MP sensor and an f/1.7 aperture. It can record 4K video at 30 fps, but OIS is absent (surprisingly). The selfie camera has an 8 MP sensor with an f/1.7 aperture. The Snapdragon 660 chipset inside the Galaxy S Light Luxury should offer similar CPU performance to the Galaxy S8's 835. It does have 4 GB of RAM and 64 GB of storage. Given the Galaxy S Light Luxury's size, it shouldn’t be a surprise that there’s a 3,000 mAh battery – the same capacity as the Galaxy S8. There’s support for fast wireless and wired charging, the latter of which goes over the USB-C port....
Apple plans to delve further into the music sector by
acquiring Shazam, an app that allows users to identify a song by listening to
the clip from any part of the song or film or a TV program.
The deal was described by a source that it would be dealt in
9 figures while another estimates that it would be about $400 million. Although
according to the last valuation the company had back in 2015, it was estimated
to be about $1.02 billion dollars according to Pitchbook and hence it is most
likely going to be sold lower than that.
The deal will definitely be a big one for apple as the app
is a widely used one. It was observed to have passed the 1 billion downloads back
in September, 2016 which is definitely going to be higher now. Also the app has
raised a total of $143 million dollars for a number of investors which also
includes Kleiner Perkins which was observed to have also invested in their
competitor, Soundcloud.
Shazam also made about 54 million dollars in revenues in
2016 which was better than what it made in 2014 and 2015. And although it made
a pre-tax loss of about 45 million in 2016, it was lesser than the $16 million
that was lost in 2015.
The CEO of the company, Rich Riley, also hinted that the
company might become a target for acquisition as it has steadily made profit in
the past years.
While it is not evident what the app will be like after
acquisition, it is definitely clear that the features of the app puts it in a
position to be able to work with apple. Also apple has made other acquisition,
with Beats by dre being one of the biggest in the music industry. It has about 30
million users while Spotify has over 60 million paying subscribers with a round
total of about 140 million.
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