When HTC ponied up $300 million for a majority stake in Beats, it's fair to say it signaled its interest in audio. Now, rumors suggest the handset manufacturer is setting its sights on music streaming. More »
When you travel the world, having a few drinks with your hosts is a great way to get a sense of the local culture. But excessive alcohol consumption can cause physiological consequences . Don't worry—a hangover is universal, and your new friends probably already know a way to cope with it.Read more...
All the lead-in to Apple purchasing Beats has since left us underwhelmed. Beats Music didn’t quickly move to implement iTunes, and wasn’t pre-loaded on the iPhone 6 or cobbled into iOS 8. Now sources claim that Beats Music isn’t long for the world, and Apple will shutter it soon.
about how Monster inked a deal that cut it completely out of the company in 2011 when Beats sold a 51% stake to HTC. Because of those negotiations, Monster will see absolutely nothing from the Apple deal, even though Monster's Noel and Kevin Lee designed and developed the very first pair of Beats headphones and did the engineering and technology distribution for the company's first five years.
The monster Apple story of the week is without question the company's $3 billion acquisition of Beats Electronics. While Beats is more widely known for its line of premium headphones, it was the company's streaming subscription service that piqued Apple's interest and brought them to the negotiation table.
If you, like us, regularly use Shazam totag and add tracks to Spotify for later listening, we have some bad news: you may now find that option has gone. It comes as one of the unexpected consequences of a deal between the music discovery company and streaming service Deezer, which has now replaced its bigger rival in free versions of Shazam in Germany, Mexico, UK and Brazil.
Notoriously quiet about acquisitions, Apple may be set to make some noise. A report from Financial Times pegs the California company as close to tucking Dr. Dre’s Beats Electronics under their wing. The deal, reportedly worth $3.2 billion, would encompass all Beats properties.
Apple denies a TechCrunch report that it is shutting down its Beats Music streaming service. Apple spokesmanTom Neumayr said rumors of Beats Music's shuttering were "not true" in a statement to Re/code's Peter Kafka . However, Kafka adds that Beats Music may be rebranded in the future. Beats Music is similar to Spotify, Rdio, and other streaming music services.
Over the weekend, U2 frontman Bono sat down for an interview with Dave Fanning on the Irish radio station 2FM where the two discussed a wide range of topics. While the interview mostly centered on the band's new album, Bono took some time to touch on a few Apple related items.
And if there's one thing Bono isn't, it's boring.
Apple is making things official: Dr. Dre's Beats Electronics belongs to Cupertino, and it cost them $3 billion. Rumors had circulated that CEO Tim Cook was interested in nabbing up the audio accessory and music-streaming outfit, corroborated by abeer-drenched videoin which Dre himself declared that he had become "the first billionaire in hip-hop.
Apple will continue selling Beats products under the Beats brand."We think these guys have a very rare talent. We love the subscription service that they built. We think it's the first one that really got it right," he told WSJ.Apple announced today it will buy Beats Electronics for $3 billion. News of the deal broke nearly three weeks ago, but was reportedly delayed.
Reuters reports that EU antitrust regulators will decide by July 30 whether or not they'll give the green light to Apple's $3 billion acquisition of Beats.
"The Commission can either clear the deal unconditionally or demand concessions if it sees competition issues," the report notes. "It can also open an extensive investigation if it has deeper concerns.
If you get offered a high-level position with HTC,run. At least, that's the reputation the Taiwan-based manufacturer has unfortunately built over the last two years. Since 2012, no fewer than 22 members of its senior management have left the company. Some took off for personal reasons; others faced criminal charges; and still others moved on to different companies.
Apple is in negotiations to buy Beats Electronics in a $3.2 billion deal, according to The Financial Times . Reporters from Bloomberg, The New York Times, The Wall Street Journal, and other outlets have all backed up the story. The deal could be announced next week, the report says. Apple's stock was basically flat in after-hours trading.
Ever since the rumors first broke that Apple wanted to buyBeats for $3 billion, the masses have uttered one universal word:Why?Apple Senior VP Eddy Cue and Beats CEO and co-founder Jimmy Iovine sat down withRecode'sWalt Mossberg and Kara Swisher at the Code Conference to discuss the confirmed news. Not wasting any time, the execs got right into it.
We have no clue.Seriously, we wish we could explain how this is a brilliant move, and it's a perfect tuck in for Apple, but we're stumped.After months of people hammering Apple for doing nothing with its cash, it's finally ready to make a big acquisition, and it's baffling.You could argue that Beats makes wildly popular headphones, and Apple, as a hardware company wanted to own Beats.
So the Apple/Beats deal is done. But, what most people really want to know is "why?" We got anofficial answersurprisingly quickly. But, let's face it: Ofcoursethe execs are going to wax lyrical about how important music is to the brand and spew other such meaningless soundbites. The only reason a company buys another is to make more money.