Jay-Z Teams Up With Apple

Who needs Def Jam Records when you have a giant like Apple on your side?

Jay-Z may have lost his job as the CEO of Def Jam Records, but don't feel too bad for him because he's already struck a deal to launch a new record label with Apple.

Jay-Z has teamed up with the suits over at iTunes to become the head of the company's hip-hip division. Def Jam who?