Skip to main content

You might want to be nicer to Shazam, since it’s now valued at $1 billion

Shazam App Phone
Image used with permission by copyright holder
Shazam debuted back in the dark times of 2002 to help people figure of what song was playing, simply by holding your phone close to the source. As soon as the song was recognized, you would get a text message with the name of the song. Since then, Shazam has come a long way, with the Wall Street Journal reporting the company’s value now stands at $1 billion.

Shazam was rather successful in its latest round of funding, raking in $30 million. This works out to about a 3 percent stake in the company, which is where the $1 billion figure comes from. Consider this one statistic: In 2014, 100 million people used Shazam every month. That’s an increase from the 70 million in 2013. All of a sudden, Shazam’s success isn’t that surprising.

Even so, the latest public information shows Shazam actually lost money in the six months ending on December 31, 2013. Shazam lost $8.8 million on revenue of $25.6 million. However, Shazam is “intentionally not profitable” due to its constant reinvestments into new technology.

Shazam has grown up quite a bit since 2002. The music recognition service earns its keep from music downloads made through iTunes and other music services it sends users to, such as Rdio and Spotify. Shazam is also spreading its wings a bit, delving into the world of advertising. It will show promotional offers to those who walk into Office Depot or Office Max in the United States. Shazam might even reach a point where it will give more information to those who venture to the supermarket or watch a movie.

Williams Pelegrin
Former Digital Trends Contributor
Williams is an avid New York Yankees fan, speaks Spanish, resides in Colorado, and has an affinity for Frosted Flakes. Send…
You can soon react to WhatsApp messages with emojis, but it’s broken right now
whatsapp emoji reactions update broken alt

Amid the backdrop of Facebook renaming itself Meta, WhatsApp added a new way for users to get away with not indulging in small talk. As part of the company's vision to unify the experience in all its apps, Facebook-owned WhatsApp might now allow users to respond to messages with emojis, just like on Instagram and Facebook Messenger. The only barrier, however, is that the feature is not fully functional yet.

After being spotted in August by WABetaInfo, emoji reactions are now rolling out to certain WhatsApp users. The feature is now available starting with WhatsApp's beta update and is apparently limited to the app's Android version at the moment.

Read more
Google now wants you to scroll forever on its Search for mobile
google search mobile

Continuous scrolling is synonymous with social media sites seeking to keep you on their app/website. Whether it's Instagram, Twitter, or Facebook -- all of them offer continuous scrolling so that you stay on their service for as long as possible. Now, Google wants you to endlessly scroll search results on its Search page for mobile. The company says the new change will make "browsing search results more seamless and intuitive."

From the explanation that Google has provided on its blog, it looks like Search on mobile will showcase more related results to open-ended questions like "What to cook with potatoes?" instead of simply showing you the results from the second page of the Search.

Read more
Google Photos now shows more of the photos you want, fewer of the ones you don’t
Google Photos

Google detailed a selection of feature updates to Google Photos during the Google I/O 2021 keynote presentation, starting with an incredible statistic: There are 4 trillion photos and videos stored in Google Photos, an astonishing number, but the vast majority are never viewed.

Google is using A.I. to make sure the memories you’ve made and stored in Google Photos don’t get forgotten. It begins with an approach it calls Little Patterns. When it finds three or more photos that look similar, including shapes and colors, machine learning puts them together into a single story. Google showed a demonstration where it identified someone wearing a distinctive orange backpack, which was featured in multiple photos of a hiking tour, that was ready to be collected into a new story.

Read more