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Apple Rumored To Buy Beats By Dr. Dre For BILLIONS!

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"Apple Inc is close to buying headphone maker Beats Electronics for $3.2 billion, the Financial Times reported.

The purchase of Beats, which also runs a streaming music service, would be Apple's largest ever acquisition, the newspaper reported. It said the deal could be announced as early as next week.

Founded by rapper Dr. Dre and music producer Jimmy Iovine, Beats Electronics primarily produces products under the brand "Beats by Dr. Dre" and competes with headphones made by Skullcandy Inc, Sennheiser Electronic and Bose Corp."

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Cenk Uygur, Jayar Jackson and Jesus Godoy of The Young Turks discuss this story, and dream about being the first billionaires in web video. Tell us how you'd dance if you were a billionaire in the comment section below.

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