Monday, May 12, 2014

9:15 AM
The hottest -- and possibly craziest -- tech rumor of the week is, hands down, that Apple is in negotiations to acquire Beats Electronics for $3.2 billion. Based on a single report, the story has been fanned into a raging inferno faster than a wildfire on a hot August day. Unfortunately, the only cited source for the rumor is "people familiar with the deal." On the surface, the deal to acquire Dr. Dre's and Jimmy Iovine's Beats Electronics would give Apple a popular line of cool headphones as well as a nascent streaming music service.


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