Apple Invests $1B in Didi Chuxing, China’s Uber to Mend Fences

With Apple’s relationships in China imploding, the company has announced that it will invest $1 billion in Didi Chuxing, known as “The Uber of China,” in what seems to be an effort to mend fences after a communist court allowed a local company to use the “iPhone” trademark.

Didi Chuxing (Greg Baker / Getty)

Apple Tries to Rescue $3B Mistake in Beats

In an effort to rescue its mistake in overpaying to buy Beats Audio and Music for $3 billion, Apple intends to make tens of millions of high-end headphones obsolete by changing the headphone port on the next iPhone update.

Apple Beats Richard Sherman (John Froschauer / Associated Press)

Apple Music Launches, Devours iTunes

Apple premiered its paid streaming music service at 8:am this morning featuring an industry standard $10 per month on-demand content, curated playlists, and global radio station “Beats One.” The only disruptive shocker in the launch is the $15 per month “family

Apple Music

Apple Intends to ‘Blow-Up’ iTunes on Monday

A raging debate is questioning Apple’s ability to succeed in the upcoming streaming music service that will be launched at their developer conference on Monday in San Francisco.

AP Photo/Shizuo Kambayashi

Digital Music Downloads Plummet in 2014

Digital music downloads plummeted in 2014, while streaming services like Spotify continued their steady growth, reports Financial Times.

AP Photo-Shizuo Kambayashi