| Beats increases its share ownership to 75%, lets HTC keep majority stake, 'commercial exclusivity in mobile' Jul 21st 2012, 21:15  Although HTC and Beats are just shy of the one-year anniversary of their 300 million dollar partnership, it looks like the two are again growing apart. In a letter to shareholders today, it's been announced that the original owners of Beats plan to buy back 25 percent of its own shares, for a total ownership stake of 75 percent. That said, HTC will still retain nearly 25 percent of the remaining shares for itself, ensuring that it remains the largest external shareholder. As the release puts it, this new setup "provides Beats with more flexibility for global expansion while maintaining HTC's major stake and commercial exclusivity in mobile." All in all, it seems like this is more about shifting priorities given recent news like Beats' MOG acquisition, but it wouldn't make eventual breakup all that unsurprising given the partnerships mixed results. For now, you can hit up the press release for all the details. Continue reading Beats increases its share ownership to 75%, lets HTC keep majority stake, 'commercial exclusivity in mobile' Beats increases its share ownership to 75%, lets HTC keep majority stake, 'commercial exclusivity in mobile' originally appeared on Engadget on Sat, 21 Jul 2012 17:15:00 EDT. Please see our terms for use of feeds. Permalink | | Email this | Comments | | Engadget's tablet buyer's guide: summer 2012 edition Jul 21st 2012, 20:00  Time flies, doesn't it? It seems like only yesterday that we were just putting the final touches on our spring tablet buyer's guide, and here we are, updating it for a new season. This time, the sun is out and the trousers are getting shorter, which can mean only one thing -- yep, it's the summer edition! Even if the weather isn't so lovely where you are, or you're still wearing long pants, there should be something in here to tickle your technical fancy. Not least because we've seen at least one major player enter the foray, along with some other strong contenders. So, how has that changed the line up? Head on past the break to find out, but before you dive in to the cool refreshing water, remember you can visit our review hub all year round. Surf's up! Continue reading Engadget's tablet buyer's guide: summer 2012 edition Engadget's tablet buyer's guide: summer 2012 edition originally appeared on Engadget on Sat, 21 Jul 2012 16:00:00 EDT. Please see our terms for use of feeds. Permalink | | Email this | Comments | |
