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RUMOR: Apple acquires ‘Cue’ personal assistant app for $35-$45 million

“An anonymous tipster has claimed to AppleInsider that Apple is buying Cue, which was formerly known as Greplin, for between $35 million and $45 million,” AppleInsider reports. “The startup was a Y Combinator venture capital alumnus that reportedly obtained funding from both Sequoia Capital and Index Ventures.”

“Cue announced to its users on Tuesday that the service is shutting down and is no longer available. Cue Premium users who bought a paid subscription, either through official iOS app or the company’s website, will receive a prorated refund,” AppleInsider reports. “Cue’s functionality was much like that of Google Now or Apple’s new iOS 7 contextual notifications, though it debuted before both of those services.”

AppleInsider reports, “Originally founded as Greplin, the company would index content from social networking sites like Facebook and Twitter, as well as pulling data from Gmail. For example, a single search for ‘Jim’ would surface contacts from the user’s LinkedIn account, emails from Gmail, and documents from Dropbox.”

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