Apple Banks on Beats to the Tune of $3 Billion

[blogger]

Apple Banks on Beats to the Tune of $3 Billion

The rumor mill was vindicated Wednesday afternoon when Apple provided confirmation of the worst kept secret in recent memory. Apple has agreed to acquire Beats Music and Beats Electronics, the streaming music service and headphones company co-founded by recording artist Dr. Dre. Apple is acquiring the two companies for a grand total of $3 billion. […]

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