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Apple is striking a new chord with a $3 billion acquisition of Beats Electronics, a headphone and music streaming specialist that also brings the swagger of rapper Dr. Dre and recording impresario ...
Beats Electronics, bought last year by Apple Inc. for about $3 billion, was sued Tuesday along with Dr. Dre and Jimmy Iovine by audio components firm Monster and its chief executive, alleging fraud.
Beats was founded in 2008 by Dr. Dre, now a hip-hop producer, and Iovine, a longtime recording industry executive who is currently chairman of Universal Music Group's Interscope Geffen A&M Records.
Apple is acquiring Dr. Dre's Beats Electronics for $3 billion, the tech company confirmed Wednesday. Apple will pay $2.6 billion in cash and another $400 million in equity and continue to use the ...
Following weeks of speculation and rumors, Apple on Wednesday officially announced it acquisition of Beats Electronics for a reported $3 billion, with co-founders Jimmy Iovine and Dr. Dre expected ...
Apple Inc., in what would be the largest acquisition ever for the tech giant, is close to buying high-end headphone maker Beats Electronics for $3.2 billion.
Beats Electronics, the audio equipment brand founded by Dr Dre and Interscope Geffen chairman Jimmy Iovine, has announced an end to its partnership with Monster Cable Products.
Beats intends to acquire Mog and sources tell CNET that the headphone maker wants to use the music service as the backbone for a new Web store that will sell music, headphones, and much more.
Beats blessed the Solo 4 with 50 hours of listening time, whereas the Studio Pro hold up to 40 hours (24 hours with ANC on). Battery drainers like high volume and spatial audio bring these ...
With $150 billion of Apple cash on hand, Tim Cook could certainly afford to make Spotify a hard-to-refuse offer. But there is one thing Beats does well: Sell expensive audio equipment to young people.