HTC's acquisition of a majority stake in Beats Electronics amounts to nothing but a lot of white noise.
The Taiwanese smartphone maker said yesterday that it would acquire a majority stake in the famed headphone manufacturer--best known for its partnership with Dr. Dre--for $300 million. Sources told CNET's Greg Sandoval that the deal could eventually be worth more than $500 million.
HTC Chief Executive Peter Chou and Beats Chairman Jimmy Iovine touted the opportunity to integrate Beats' sound technology into HTC's mobile devices. But HTC, typically savvy when appealing to its customers' needs, may be missing the … Read more