-

Apple officially has purchased audio equipment and service company Beats for $3.2 billion. As part of the deal, streaming service Beats Music would also join the company's iTunes division. Both services were competitors until now, but it would be interesting to see if Apple is going to merge them together.
The piece of news comes hours after initial reports surfaced that the deal would happen in the coming days.

The deal is confirmed by one of the founders of the company Dr. Dre and actor Tyrese Gibson, who announced the news on actor's Instagram page. By far, this is Apple's largest acquisition recently and the company is hoping it will help its iTunes service regain ground.
According to a report by Nielsen SoundScan album and individual track sales were down 13% and 11%, respectively, so there's certainly room for improvement.
Interestingly, the deal makes rapper Dr. Dre the first billionaire hip-hop artist. cheesy cheesy cheesy My Father my Father!!!!

Source: http://www.gsmarena.com/apple_buys_beats_in_a_32_billion_deal-news-8479.php

Comments

Post a Comment

Popular posts from this blog

How a 4-hour flight became a 30-hour nightmare

-
Image
Other, hopefully more fortunate, Delta airplanes. Imagine this: You just had a relaxing vacation in the Dominican Republic, and now it's time to head back to New York City. It's going to be cold in the Big Apple, but you're taking with you warm memories. A four-hour flight is all that stands between you and your destination. Or so you thought. Delta Flight 944 was scheduled to take its 159 passengers from Punta Cana to John F. Kennedy International Airport on Monday, arriving at 6:15 p.m. local time. But the plane didn't land in New York until about 8 p.m. on Tuesday night. In the 28-ish hours between departing from the Dominican Republic and making it to their original destination, the unfortunate passengers saw almost everything modern air travel could throw at them. First, there was a diversion. The plane made it all the way to New York City but had to circle overhead because of heavy traffic at the airport. Eventually the pilot announced they were diverting to New ...
Read more

Coronavirus: China’s unemployment crisis mounts, but nobody knows true number of jobless

-
Image
As many as 205 million Chinese workers cannot find jobs or are unable to return to their previous posts, according to one analyst Debate over China’s unemployment reality amid coronavirus heats up, with holes picked in official government statistics Yu Zhixiang received his redundancy notice in early-March, while he was on sick leave, weeks after the coronavirus outbreak forced Chinese economy to come to a standstill. The 47-year-old had worked as a contract translator on Beijing’s Financial Street, home to many of China’s largest banks and the nation’s central bank. He was one of millions, maybe even tens of millions, of Chinese people who lost their jobs during the outbreak, but who were not immediately reflected in national unemployment data. In the United States, data on the number of Americans filing their first claim for unemployment benefits each week offers a relatively up-to-date reading of the national jobless situation. But in China, jobless indicators are ...
Read more

China's economy may not grow at all in 2020. That hasn't happened in 44 years

-
Image
China's economy may not grow at all in 2020. That hasn't happened in 44 years By Laura He , CNN Business Updated 1222 GMT (2022 HKT) April 1, 2020 How Chinese businesses are adjusting to coronavirus outbreak Small businesses fear they won't survive the pandemic UPS driver: It's essential that I'm out her New York nightlife shut down. Now its workers need help Bill Gates: State-by-state shutdown won't work Restaurant owner gets emotional over future of business A record number of Americans file jobless claims Panicked shoppers. Empty shelves. Meet the workers keeping you stocked Ford CEO: Ventilators will be built across a big supply chain AMC CEO: We don't have a penny of revenue coming in the door We asked workers how the virus changed their lives. Here's what they said This startup is racing to produce ventilators Former Trump economist warns of another Great Depression ...
Read more