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HTC clears the air – Beats Audio integration not going anywhere
While yesterday’s news about HTC’s plans to reduce handset prices was well received by the technology community, HTC released a statement to set the record straight on one aspect of the rumor. As it turns out, HTC has no plans to cut Beat Audio technology from its phones any time soon, leaving the company with…
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HTC reduced ownership in Beats Audio by 25% – remains exclusive mobile partner
In a surprising move, HTC has announced that it will be reducing its investment in Beats Audio by roughly 25%. The deal will cost $150 Million and will return 24.53% of the company’s shares back to Dr. Dre and Beats’ current CEO Jimmy Iovine. While the official press release talks about providing “Beats with more flexibility for global…