Apple Inc. (AAPL)

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Apple buy Dr Dre’s Beats for $3bn

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Apple readies $3bn swoop for Beats

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The deal is worth a total of $3bn (£bn), and is thought to be Apple’s la. a total of $3bn (£bn), and is thought to be Apple’s largest acquisition to date. Apple has its own iTunes store, the world’s largest music download service, and.

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Please click to read our informative text prepared pursuant to the Law on the Protection of Personal Data No. Dre and Jimmy Iovine, one of the first recording executives to roll with the hip-hop culture. Wednesday’s announcement came nearly three weeks after deal negotiations were leaked to the media. It’s by far the most expensive acquisition in Apple’s year history, a price that the company is paying to counter a threat posed to its iTunes store. The deal is expected to close before October.

Iovine, 61, and Dre, 49, were the keys to the deal. They began working with Apple in the early days of its iTunes store and now will become key in Apple’s music divisions, though Cook said their roles haven’t been determined yet “We have known these guys forever,” Cook said of Iovine and Dre. This relationship started a decade ago, so we know there is an incredible cultural fit.

Apple agrees to $3bn Beats deal

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Washington, D. Form K. Mark One. Commission file number: Exact name of registrant as specified in its charter. Cupertino, California. Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule of the Securities Act. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.

Indicate by check mark whether the registrant is a shell company as defined in Rule 12b-2 of the Act. Solely for purposes of this disclosure, shares of common stock held by executive officers and directors of the registrant as of such date have been excluded because such persons may be deemed to be affiliates. This determination of executive officers and directors as affiliates is not necessarily a conclusive determination for any other purposes. The Proxy Statement will be filed with the U.

Securities and Exchange Commission within days after the end of the fiscal year to which this report relates.

€1.12bn paid to date under Basic Payment Scheme

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Its biggest gamble to-date is the $bn acquisition of the loss-making stems from its mobile devices and ecosystem, especially the iPod and iTunes ().

February 23, US tech giant Apple said Monday it would invest 1. The two data centres, set to begin operations in , will run entirely on renewable energy. Apple currently employs 18, people across 19 European countries and has added over 2, jobs in the last 12 months alone, the company said. Explore further. More from General Engineering. Your feedback will go directly to Science X editors. Thank you for taking your time to send in your valued opinion to Science X editors.

You can be assured our editors closely monitor every feedback sent and will take appropriate actions. Your opinions are important to us. We do not guarantee individual replies due to extremely high volume of correspondence. E-mail the story Apple to invest 1.

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