Matcha: New Scene at the Apple-mistery

Apple has acquired a video discovery and recommendation startup called Matcha.tv, according to a report by VentureBeat. The company had abruptly shut down its service in May, claiming it had plans to take on a new direction, which apparently involved a lucrative deal with a major tech giant. As usual, Apple declined to comment on the aquisition, but a source speaking to VentureBeat says Apple paid between $1 million and $1.5 million
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