Beats Electronics, renowned for their audio devices, has received a million for investment to spin out as a standalone company. ‘Daisy’, being the internal codename of this music streaming service, is said to launch in “late 2013”, according to Beats.
Beats also acquired MOG, a competitor in the music streaming service alongside with Rdio, Spotify and Pandora, was also a part of the ‘Daisy’ project.
Don’t forget that HTC also now owns a part Beats audio. Will HTC be having exclusive offers when project ‘Daisy’ is released?
Source : TechCrunch
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