Apple Buys Beats for $3 Billion!




Apple is making things official : Dr. Dre's Beats Electronics belongs to Cupertino, and it cost them $3 billion. Rumors had circulated that CEO Tim Cook was interested in nabbing up the audio accessory and music-streaming outfit, corroborated by a beer-drenched video in which Dre himself declared that he had become "the first billionaire in hip-hop."

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