All items tagged with "buyout"

‘The first billionaire in hip-hop': A drunk Dr. Dre seemingly confirms Apple’s Beats buyout

Beats-Dr-Dre

Reports of Apple’s pending Beats Electronics acquisition has left the vast majority of us scratching our heads, but if you thought this was just another spurious claim from anonymous supply chain blabbermouths, you can think again. Not only did the story come from reputable sources, but it has been all but confirmed by Dr. Dre himself.

In the short video below, a drunk Dre proclaims himself “the first billionaire in hip-hop” as he celebrates with friends.

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John Sculley: We Had The Funds To Buy BlackBerry, But We Waited Too Long

John-Sculley

Former Apple CEO John Sculley has confirmed that he and a group of investors were lining up a bid for BlackBerry, but they waited too long and lost out. In an interview on Bloomberg Surveillance, Sculley reveals how he was surprised when the struggling smartphone maker announced a $1 billion investment deal earlier this week.

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FCC Chairman: I’m Going To Kill This Anti-Competitive AT&T / T-Mobile Deal

FCC Chairman: I’m Going To Kill This Anti-Competitive AT&T / T-Mobile Deal

Julius Genachowski, the chairman of the U.S. Federal Communication Commission, has spoken out about AT&T’s proposed acquisition of  T-Mobile and deemed the merger to be against the public interest. Genachowski has called for commissioners to vote for an administrative public hearing against the $39 billion, which could prove to be a huge setback for the two carriers.

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