Friday, May 30, 2014

Apple agrees to buy headphone maker Beats for $3bn

Beats headphones are already sold alongside Apple products Apple has confirmed it will buy headphone maker and music-streaming service provider Beats Electronics. The deal is worth a total of $3bn (£1.8bn), and is thought to be Apple's largest acquisition to date. As part of the acquisition, Beats co-founders Jimmy Iovine and Dr Dre will join the technology firm. Apple boss Tim Cook said the deal would allow the firm...

Libya general's forces bomb Islamist camp

General Khalifa Haftar says he is fighting "terrorism" Libyan forces loyal to a renegade general have bombed government-funded Islamist militia in the eastern city of Benghazi. Witnesses say aircraft targeted a base of the February 17th Brigade, one of the main armed groups in the area. General Khalifa Haftar, a former army chief of staff under Col Muammar Gaddafi, has launched several recent attacks in Benghazi and ...

US must show restraint abroad

t of media player. Press enter to return or tab to continue. President Barack Obama has promised a new US foreign policy based on "collective action" with allies abroad. The US would still lead, he told graduates at the US Military Academy at West Point, New York, but would avoid the "costly mistakes" of the past. He announced a $5bn (£3bn) fund to fight global terror and promised the US "must not create more enemies than we...

Education changes could cost more, says union leader

Sally Hunt says the "American dream" has become an "English nightmare" College and university education in England could cost the public more than the old system despite a tripling in tuition fees, a union leader says. University and College Union general secretary Sally Hunt will tell her annual congress in Manchester that funding is a "disastrous mess". Institutions can now charge students up to £9,000 a year for...