“Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.” — Apple PR boilerplate
From Mark Gurman’s “Apple Buys Startup That Creates Radio-Like Stations for Podcasts” posted on Bloomberg late Thursday:
The Cupertino, California-based technology giant earlier this year bought Scout FM, which was a popular podcast app on iPhones, Android devices and Amazon smart speakers, according to people with knowledge of the deal…
An Apple spokesman confirmed the acquisition, but declined to comment further. The company shut down the app after the purchase…
The deal for Scout FM is one of several Apple has made so far in 2020. It recently acquired payments company Mobeewave, weather app Dark Sky and virtual-reality content broadcasting company NextVR. Other purchases include Voysis, Xnor.ai and Inductiv to improve Siri and artificial intelligence, Fleetsmith for enterprise device management and VR software startup Spaces.
My take: Note that Apple has not picked up Netflix, Spotify, Disney, Tesla or any of the other big names it is regularly urged to acquire.