Apple reportedly buying Beats Electronics

In a somewhat surprising move, Apple is rumored to be in talks with Jimmy Iovine and Dr. Dre’s Beats Electronics that could see the audio accessories and music streaming service acquired for $3.2 billion.

Under the supposed deal, Apple would gain control of Beats’ audio hardware division as well as the firm’s subscription-based music streaming service. The Beats management team would report to Apple CEO Tim Cook.

This is getting interesting.