Gadgetory

Apple didn't forget about Dre I'm Bridget Carey and this is your cnet update the next episode 4 dr dre in Beats Audio could be Apple a video posted to Facebook seems to confirm reports that apple is buying beats electronics for 3.2 billion dollars the video was posted by the rmv artist and actor Tyrese Gibson and in it he's having fun with rapper dr. Dre the co-founder of beats and he says Forbes needs to update their billionaires list then the good doctor from Compton points to the camera and says that he's the first billionaire in hip-hop the video was soon removed from tyreese's public facebook page now this turns out to be true the whole deal is really interesting for a number of reasons it's not typical for Apple to buy a hardware company and when it comes to quality sound beats is not the best headphone out there but beats goes beyond headphones it's a massively popular brand and beats also has a new streaming service called beats music Apple may want to just absorb beats technology and build on that streaming service and don't forget about one of the brains behind beats co-founder Jimmy Iovine he's a good man to have on your team if you want to strengthen your music muscle he's a famous record producer and chairman of universals Interscope Geffen and A&M record labels there are rumors that he may be brought into Apple as a special advisor to Tim Cook Apple changed digital music with the ipod and itunes but Apple may need fresh perspectives to keep innovating and perhaps come up with a product that could compete with Spotify moving on from streaming music to streaming movies Netflix has raised its monthly subscription price by one dollar more a month but if you already subscribe to netflix you won't have to pay anything extra for another two years for now only newcomers have to pay the higher nine dollar monthly fee Netflix will be using that extra cash on beefing up its video offerings and investing in exclusive shows like house of cards starring Kevin Spacey and there's a new app that Kevin Spacey's corrupt character would really love it's called make it rain the love of money this odd game has gone viral and it's at the top of the iTunes charts it's satire on our obsession with wealth and it encourages you to swipe your finger on a stack of cash really fast and be corrupt and manipulative to earn virtual money you only get rich if you get into insider trading subprime mortgages and bribe politicians what's crazy is that people are spending their actual American dollars to buy a booster pack in the game to bribe the FBI now if you can make it past the investigation you can invest in larger businesses there's always money in the banana stand that's your tech news update from our studios in New York I'm Bridget Carey