Jimmy Iovine said to be departing Apple Music this summer

This coming May 28th will be the fourth anniversary of Apple’s $3 billion purchase of Beats Audio. Nearly four years later, this is still the biggest deal ever done by Apple. As part of the transaction, Beats co-founders Dr. Dre and Jimmy Iovine joined Apple to help run the latter’s Apple Music streaming music operation, and the Beats 1 streaming radio station. Both men received a nice sized restricted stock package from Apple.

Iovine’s shares will vest in August. According to Hits Daily Double, that is the month when the 64 year old music executive plans to leave Apple. Iovine has helped …


Report: Months after departing Uber as CEO, Travis Kalanick seeks a way to regain influence at Uber

Back in June we told you how a combination of five major Uber stockholders got together to push out Travis Kalanick, the CEO and founder of ride–shairing firm Uber. But without the ability to run Uber, privately valued at close to $70 billion, it seems that Kalanick was growing bored and missed the business he started. According to a report published Sunday, the former executive is seeking to win back some influence at the company by helping Sprint parent SoftBank make an investment in Uber.

By getting SoftBank to purchase shares of Uber currently controlled by large stakeholders, Kalanick’s …

Report: Months aftrer departing Uber as CEO, Travis Kalanick seeks a way to regain influence at Uber

Back in June we told you how a combination of five major Uber stockholders got together to push out Travis Kalanick, the CEO and founder of ride–shairing firm Uber. But without the ability to run Uber, privately valued at close to $70 billion, it seems that Kalanick was growing bored and missed the business he started. According to a report published Sunday, the former executive is seeking to win back some influence at the company by helping Sprint parent SoftBank make an investment in Uber.

By getting SoftBank to purchase shares of Uber currently controlled by large stakeholders, Kalanick’s …