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Apple set to buy Beats for USD 3.2 billion - report
2014-05-09 08:46:00| Telecompaper Headlines
(Telecompaper) Apple is in advanced talks to acquire headphone maker and music streaming operator Beats Electronics for USD 3.2 billion, Apple's largest purchase to date, people familiar with the matter told the Financial Times. The deal could be announced as early as the week of 12 May, but some details have still not been agreed and the talks could still break down. Apple is expected to buy Beats' streaming service and its audio equipment business, with Beats' management team reporting to Apple CEO Tim Cook. Beats holds a leading position in the market for premium headphones, but its real value to Apple is its potential to revitalise Apple's coolness factor as iTunes' popularity has waned and the iPhone brand has been hit hard by Samsung marketing campaigns. Apple is paying a high premium, as Beats was valued at over USD 1 billion when it secured a USD 500 million investment from Carlyle last September. Neither Apple nor Beats would comment on the matter.
Apple 'in talks' to acquire Beats
2014-05-09 04:03:18| BBC News | Business | UK Edition
Apple is in talks to buy headphone maker and music-streaming service provider Beats Electronics for $3.2bn, according to various media reports.
Tags: apple
talks
acquire
beats
Microsoft joins Apple and Google to help fight poverty in the San Francisco Bay Area
2014-05-08 23:19:22| Apparel - Topix.net
Microsoft, along with Apple, Box, Dropbox, Google, IfOnly, Jawbone, Jelly, Levi Strauss and Co., LinkedIn, Lookout, Okta, Partner Fund Management, POPSUGAR, RPX Corporation, Salesforce Foundation, SV Angel, Workday Foundation, Zynga, and one anonymous company, are partnering with Tipping Point Community to raise $10 million to fight poverty in the ... (more)
Tags: area
google
san
francisco
Apple iWatch release date, price, concepts, features and rumours
2014-05-08 19:47:08| Footwear - Topix.net
The Apple iWatch has been reportedly in the pipeline for quite some time and should hopefully launch alongside the iPhone 6 later this year.
Tags: date
price
features
release
Apple Reportedly Planning Two More NYC Retail Stores
2014-05-08 01:35:04| PC Magazine Cell Phones Product Guide
The Cupertino tech giant is planning to open up shop in the upcoming World Trade Center mall and an old bank building uptown.
Tags: stores
planning
retail
apple
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