Exclusive: Apple’s Cook, music mogul Iovine discuss new music service

Apple CEO Tim Cook waves at the end of Apple Inc.'s iPhone media event in San FranciscoSAN FRANCISCO/LOS ANGELES (Reuters) – Apple Inc has held talks with Beats Electronics LLC, the audio technology firm co-founded by influential hip-hop producer Dr Dre and music mogul Jimmy Iovine, on a potential partnership involving Beats' planned music-streaming service, three people familiar with the situation told Reuters. Apple Chief Executive Tim Cook met with Beats CEO Jimmy Iovine during a visit to Los Angeles in late February to find out more about Beats' "Project Daisy", a music subscription service the company announced in January but with scant detail, the sources said. …

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