Apple to buy Beats Headphones for $3 billion
Apple is reportedly on the verge of making its biggest purchase ever. According to Financial Times, the company is in talks to buy headphone maker Beats Electronics for $3.2 billion.
Beats was founded by rapper Dr. Dre and music executive Jimmy Lovine. It also has a music streaming service. If the deal goes through it would make Dr. Dre the first hip-hop billionaire.