A rumor that Apple had decided to close the Beats Music streaming service, was denied on Monday by the manufacturer. A report published earlier today stated that Apple planned on shutting Beats Music, even though it paid $3 billion for all of Beats back in May, including the headphones business. The deal was the largest purchase ever made by Apple. Monday's report indicated that Beats Music engineers were shifted to other projects at Apple, including iTunes.The Beats Music streaming service had only 250,000 subscribers as of May, leading analysts to believe that Apple overpaid for the entire ...
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