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"Apple has confirmed to us that it has received US regulatory approval for its acquisition of Beats. The news comes as the company posted a\u00A0page on its website to &amp;quot;officially welcome\u00A0Beats Music and Beats Electronics to the Apple family.&amp;quot; The $3 billion deal was first announced in May.\r\n\r\nThe page says\u00A0&amp;quot;Beats cofounders Jimmy Iovine and Dr. Dre have created beautiful products that have helped millions of people deepen their connection to music. We\u2019re delighted to be working with the team to elevate that experience even further.&amp;quot;\r\n\r\nWith redundancies taking place at Beats where there are job overlaps between the two companies, not all of the team is invited, of course.\r\n\r\nToday's news follows\u00A0EU approval\u00A0earlier this week."^^<http://www.w3.org/2001/XMLSchema#string>
<http://thenextweb.com/apple/2014/08/01/apple-beats-official/>