The news is by your side.

music-streaming divisions

Apple buys Beats Electronics for $3bn

CUPERTINO: Apple confirmed the purchase of headphone maker and streaming music company Beats Electronics, ARY News has learnt on Sunday. Apple announced Wednesday it will buy headphones and music streaming company Beats Electronics, co-founded by Dr. Dre, for $3 billion. Wednesday’s announcement confirmed rumors about the deal which had been circulating for weeks. “Music is such an important part of all of our lives and holds a special place within our hearts at Apple,” said Apple CEO Tim Cook in a statement. “That’s why…