China’s Tencent Music raises $1.1 billion in downsized US IPO

Tencent Music, China’s largest streaming company, has raised $1.1 billion in a U.S. IPO after it priced its shares at $13 a piece ahead of a listing on the Nasdaq. That makes it one of the largest tech listings of the year, but the pricing is at the bottom end of its $13-$15 range indicating […]

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Apple’s Shazam acquisition cleared by EU regulators

European regulators have given the green light to Apple’s December 2017 acquisition of music and image recognition discovery firm Shazam. Apple Music is the second largest music streaming service in Europe, after Spotify . While Shazam offers what has been described as “a leading music recognition app” in the region (and globally). TechCrunch broke the […]

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