Spotify hits 10 million paid users
With rumoured news of Apple entering the music streaming war with Beats acquisition, Spotify has proved it's not going to hand over the reigns easily after hitting the 10 million paid user milestone. Subscribers have been increasing rapidly from December 2012 when it reported five million paying users and 20 million active users in total.
Apple in negotiations to purchase Beats Electronics for $3.2 billion
Dr. Dre and Jimmy Iovine's Beats Electronics may be quickly become Apple's latest acquisition... at the impressive price of $3.2 billion. Most well known for designer headphones, Beats recently launched the streaming music service Beats Music, a platform that seeks to overtake Spotify as the premier service in streaming music. Originally reported by The Financial Times and confirmed by Bloomberg, New York Times, and The Wall Street Journal, this would be the largest acquisition in Apple's history.