Well, this is somewhat unexpected — TechCrunch’s sources are saying that Apple is planning to shut down the Beats Music streaming app that it acquired when it bought Beats for $3 billion earlier this year. The only way that this report would make any kind of sense would be if Apple were simply folding Beats Music into iTunes — there is simply no way that Apple would consider abandoning a music streaming service at a time when it’s working to regain some of the influence over the music industry that it’s lost ever since the rise of Pandora, Spotify and other popular streaming services.
Read more here:: Boy Genius Report