Menu
SpaceX and Boeing build manned NASA Spaceships

SpaceX and Boeing build manned NASA Spaceships

iOS 8 Download Release is Expected at 10 am PDT

iOS 8 Download Release is Expected at 10 am PDT

Matt Damon is Jason Bourne Again

Matt Damon is Jason Bourne Again

Galaxy Note 4 Screen is the World's Best

Galaxy Note 4 Screen is the World's Best

iPhone 6 Reviews are Glowing

iPhone 6 Reviews are Glowing

Apple is in Close Talks to Buy Swell Radio for $30M

Jul 28 2014, 6:58am CDT | by , in News | Apple

Apple is said to be in close talks for the acquisition of radio and podcast app Swell for $30 million.

Apple is in Close Talks to Buy Swell Radio for $30M
 
 

YouTube Videos Comments

Full Story

Apple is in Close Talks to Buy Swell Radio for $30M

Apple is aiming to improve its iTunes Radio service and troubling Podcasts app with the help of this acquisition. Multiple sources told Re/code that "Apple is close to buying the Pandora-for-talk-radio app Swell" in a deal worth about $30 million.  

DFJ, Google Ventures and InterWest Partners are the main investors through which Swell has raised $7.2 million. Swell launched its iOS app last year that allows users to make their own personalized content playlists by compiling various podcasts and shows. And users can also listen to streaming news audios from iTunes, NPR, ABC, ESPN and others.

Swell will close its iOS app this week. The company's CEO Ram Ramkumar and his development team will join Apple as part of this acquisition deal. Swell team had already tested an Android app in beta which was not released. 

Ramkumar and his team have previously sold their image-recognition startup SnapTell to Amazon. However, both Apple and Ramkumar have not responded yet to the acquisition news.

Apple has acquired Beats for $3.2 million and BookLamp for an amount in between $10-15 million recently. With Beats acquisition, Apple wants to improve iTunes music streaming service. But with the Swell acquisition, Apple is likely to focus more on its talk radio services.

Apple will focus more on improving its low rated Podcasts app that is facing performance issues. Users of Apple's Podcasts app faced major opening issues as the app constantly crashed and then went offline last month.

 

You Might Also Like

Updates


Sponsored Update


Advertisement


More From the Web

Shopping Deals

 
 
 

<a href="/latest_stories/all/all/20" rel="author">Sumayah Aamir</a>
Sumayah Aamir (Google+) has deep experience in analyzing the latest trends.

 

 

Comments

blog comments powered by Disqus

Latest stories

Becoming Belle Knox reveals Candid Insights in Adult Movie Industry
Becoming Belle Knox reveals Candid Insights in Adult Movie Industry
Belle Knox aka Duke Porn Star gives a candid look at her adult movie job that pays for her education at Duke University.
 
 
Liza Minnelli had Back Surgery
Liza Minnelli had Back Surgery
Legendary performer Liza Minnelli is recovering from a back surgery. She broke her back a week ago.
 
 
Most Stylish Men of 2014 Ranked
Most Stylish Men of 2014 Ranked
Some of the best dressed stars that wowed the crowd this year had dashing dudes among their ranks. People Magazine's annual list ranked these most stylish men of 2014.
 
 
2014 Top 10 Party Schools according to Playboy Magazine
2014 Top 10 Party Schools according to Playboy Magazine
Playboy Magazine has released this week again their ranking of the Top 10 Party Schools in the United States. Maybe its time to switch schools.
 
 
 

About the Geek Mind

The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.

The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.

Read more about The Geek Mind.