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Tuesday, March 29, 2011

Amazon's music cloud: How it beat Google and Apple - Mar. 29, 2011

Amazon's music cloud: How it beat Google and Apple - Mar. 29, 2011

If you're like me and "listen while you work" (at something -- I'm retired), then this article is a good read. I download music all the time and listen while I'm shopping, walking, driving. I love electronics!

"The move means Amazon is officially 'to the cloud' with music -- beating Apple (AAPL, Fortune 500) and Google's (GOOG, Fortune 500) years-long attempts to do the same.

Analysts say that's because Apple and Google have been waiting for record labels to get on board with licensing agreements. Amazon decided to skip the niceties and simply take the plunge."

"For Amazon to try to sidestep all of this, the consequences are a big question mark," says Paul Verna, senior analyst at eMarketer. "It's the first shot across the bow, which is refreshing, but you can smell the lawsuits coming."

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