Apple Music could get a boost from Shazam, the company's newest addition (AAPL)
Apple's latest startup acquisition could give its music service a jolt. On Monday, Apple officially announced it was buying Shazam, maker of a popular music-recognition app. It's not hard to understand why the iPhone maker might have been interested in Shazam. As we can see in this chart from Statista, users of the company's app grew quickly up to 2015, and were expected to have doubled to 1 billion between 2014 and 2016.
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