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By Devika Krishna Kumar (Reuters) – Audio equipment maker Monster LLC has sued Beats Electronics LLC, owned by Apple Inc , over alleged “fraud and deceit” in the way that Beats acquired control of the rights to the popular “Beats by Dr. Dre” headphones. Under a partnership formed in 2008, Monster and Beats developed “Beats by Dr. Dre”, a line of colorful, high-end headphones that vie with the likes of Skullcandy Inc and Bose Corp. According to the suit filed in San Mateo (Calif. …

By Noel Randewich SAN FRANCISCO (Reuters) – Apple Inc pulled a “bait and switch” move to force GT Advanced Technologies into a money-losing deal to supply the iPhone maker with sapphire, according to an affidavit by a senior executive at the company. In documents unsealed on Friday by a U.S. Bankruptcy Court in Springfield, Massachusetts, GT Advanced Chief Operating Officer Daniel Squiller says Apple offered what would have been GT Advanced's largest sale ever and then changed the terms of the agreement after it was too late for the smaller company to pursue other opportunities. …