Apple today confirmed plans to buy Beats Electronics, which makes headphones, and Beats Music, a streaming music service, for about $3 billion. As part of the acquisition, Beats co-founders Jimmy Iovine and Dr. Dre will join Apple. The deal is expected to close in Q42014. Beats and iTunes will reportedly co-exist as separate services.
The confirmed price tag is lower than the $3.2 billion first reported by the Financial Times.
The New York Post, which was first with the news today, says Apple may announce a deal this week--though unveiling the details at Apple's Worldwide Developers Conference next week seems more in keeping with tradition. Dre and Iovine are both expected to attend the event.
• Amazon’s new Chinese thermal spycam vendor was blacklisted by U.S. over allegations it helped China detain and monitor Uighurs and other Muslim minorities
Mark Di Stefano of the Financial Times is accused by The Independent of accessing private Zoom meetings held by The Independent and The Evening Standard as journalists were learning how coronavirus restrictions would affect them.
Hackers tried to break into the World Health Organization earlier in March, as the COVID-19 pandemic spread, Reuters reports. Security experts blame an advanced cyber-espionage hacker group known as DarkHotel. A senior agency official says the WHO has been facing a more than two-fold increase in cyberattacks since the coronavirus pandemic began.
With all due respect to our vegetarian friends, there might be nothing more intrinsically linked to the 4th of July holiday than a big ole cookout. Sure, fireworks and celebrating the birth of a constitutional republic are great too, but showing off your cooking prowess with a brilliantly seared, mouth-watering slab of grade-A American beef […]
We’re at the midway point of 2020. So…how’s the year going for you so far? Yeah…we can guess. But while there’s a lot about 2020 we can’t directly control, maybe a little retail therapy can help make you feel better. Sure, the 39 items we gathered together can absolutely bring a smile to your face. […]
When revved-up kids used to dribble a basketball through the kitchen or practice their footwork with a soccer ball in front of the television, exasperated parents would often just send ‘em outside to play. But these days, sending kids out might not be the best course of action. Despite all the changes, many budding young […]