Apple agrees to buy Beats for $3 billion; adds music veterans Iovine, Dr. Dre to staff $AAPL
The rumor is now official. However, there’s still a lot of puzzling pieces here:
At any rate, it’s becoming more clear that while Tim Cook and company are pretty clear on what makes Apple great, they are not paralyzed by a past-focused “what would Steve do?” mentality. They are honestly trying to be Apple in today’s world, instead of becoming a post-Steve cargo cult. This is a good thing for Apple – even if every decision isn’t perfect (it will take a long time to see if Beats was in the good or bad decision camp).
Remember last week when we talked about the new avalanche of lawsuits against Facebook? Well it gets worse for the social media giant (whether or not it’s better for us remains to be seen). Yesterday, the FTC made a move that could signal future regulation of data handling: They demanded all of it. The data, …
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