Hereâs a novel way to avoid losing your keys: Spinelli Kilcollin, the jeweler known for its signature linked rings, has created a wearable key ring that links into a sterling silver carabiner to keep them all at armâs reach ($450).
Beats Electronics LLC is a subsidiary of Apple Inc. that produces audio products. Headquartered in Culver City, California, U.S., the company was founded as Beats by Dr. Dre by music producer and rapper Dr. Dre and former Interscope Geffen A&M Records chairman Jimmy Iovine. The subsidiary's product line is primarily focused on headphones and speakers.
The Carlyle investment valued the company at $2 billion which meant Dre and Jimmy's stakes were worth $500 million each. Apple Buys Beats By Dre: As we mentioned above, on May 28th, Apple finally confirmed rumors that it will be acquiring Beats By Dre for $3 billion. At that price, Dr. Dre and Jimmy Iovine's 25% stakes would be worth $750 million a piece before taxes.