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Beats takes a (big) bite of Apple: It’s official: Apple is buying Beats Electronics for $3 billion. Mashable & Gigaom. Part of the deal will be Beats Music, which launched as a Spotify competitor earlier this year. It will be announced, you guessed it, at the Code Conference. Dr. Dre and Jimmy Iovine will join Apple. Timothy D. Cook, Apple’s chief executive, told the NYT “These guys are really unique,” Mr. Cook said. “It’s like finding the precise grain of sand on the beach. They’re rare and very hard to find.”