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back to article Shazam! 'World's richest' bloke lobs $40m at music-sniffing biz

Smartphone app developer Shazam has attracted the eye of one of the world's richest men, Carlos Slim, who has agreed to invest $40m in the music-finding firm. Slim's company, Mexican wireless telecoms provider América Móvil, has picked Shazam for a rare investment in Europe. The company has only been interested in European firms …

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SoundHound seems to work better

for me, leastways. YMMV

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Anonymous Coward

How else to invest in advertising and media than to invest in an advertising business that is growing than one that is shrinking?

So far, Google have not gone for much of Shazam's space- but they are not being slow. They own this advertisiing, and watch iTunes and everyone's music data. They collect Shazam's data too.

If the one that owns advertising moves, everything will change. Where is the line between advertising and music? Is this space best called Shazam? Or is it YouTube? Arguably Carlos Slim's cash is the only way Shazam can survive. Will he have the appetite?

Google could launch a better service any time it likes- and design it to make money using all the competition's data (let alone target users and customers when they do). They don't always have to spend it launching public betas... bwahahhahahaaaaaa!

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Take note America

If you are a bit on the big side, and you're a mega-billionaire, you don't need to diet, all you need is call yourself Slim and nobody will ever argue with you.

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Re: Take note America

<Google>

Hmm, by American standards[1] he is slim.....

[1] i.e. He fits into one post code and if he were to ride a lard chariot you'd be able to see most of it while he was sat on it.

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