Apple has acquired Laserlike, a young startup founded by three former Google engineers. It’s a machine learning startup that could help Apple improve its recommendation algorithms in News, TV, Apple Music, etc (paywall).
An Apple spokesperson confirmed the acquisition of the four-year-old startup, which was founded by three former Google engineers, Anand Shukla, Srinivasan Venkatachary and Steven Baker, and had raised more than $24 million from Redpoint Ventures and Sutter Hill Ventures, according to CrunchBase. Terms of the deal could not be learned.
I look forward to getting better recommendations.
Last week Andrew Orr wrote about a patent that Apple filed regarding more offline Siri capability. He thinks the latest news about Silk Labs provides stronger evidence for that.
Finisar, an Apple Face ID supplier that makes laser scanners, has been acquired by optical system producer II-VI, Inc. worth US$3.2 billion.
FiftyThree is a drawing app that launched in 2012. And now the company got acquired by WeTransfer, a cloud-based file transfer company.
One source puts the price of the acquisition around US$401 million, although Shazam was once valued at US$1 billion dollars.
Apple acquired the company earlier this year, so we don’t know if iOS 11 already makes use of this technology, or if it will come in a future version of iOS and the photos app.
The company’s technology, which can track the human eye 120 times per second, sounds perfect for the long-rumored Apple Glasses.
Apple recently acquired popular iOS utility Workflow in a deal that includes both the app and its developers. While many apps get pulled by Apple after an acquisition, Workflow remains on the App Store, and is now free.