Apple signs majors to iTunes cloud

The Apple [AAPL] social network for music, Ping, seems set to become something you want to use, rather than an embarrassing relative you try to ignore. That’s because the company has reached a series of key major label deals to support its mythical cloud-based music services, even as its competitors — including Google and Amazon — fail to reach deals for their own unlicensed attempts. We’ve also learned that Apple has been developing the service for years, with a new patent filing showing a unique approach to service delivery.


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