Sources allege that the much-rumored streaming music service from Apple will scan users' iTunes libraries and mirror them in the cloud, but it reportedly won't be free.
There is little to separate music publishers and Apple from striking a deal to allow music to be streamed through a new iTunes cloud service, a new report claims.
Apple has reportedly inked a licensing deal with Sony Corp.'s music division to begin offering the label's catalog in the cloud, leaving Universal Music Group as the last holdout among the major record labels.
Music industry sources claim that Apple has signed a cloud-music licensing agreement with music label EMI and is "very near" to completing deals with Universal and Sony, according to a new report.
Apple employees are at work on improved media streaming technology at the company's Cupertino, Calif., headquarters, as rumors of a so-called "iCloud" service continue to pick up steam.
Though Amazon and Google beat Apple to the punch by launching their own cloud-based music streaming services, record labels are reportedly hopeful that Apple's rumored "iCloud," backed by licensing deals, will be the better product.
The shaky debut of Apple's revamped cloud service MobileMe in 2008 prompted Chief Executive Steve Jobs to chastise those responsible for the service, Fortune's new "Inside Apple" feature reveals.
Strong evidence of Apple's upcoming iCloud service has been found in the form of a feature hidden within in a developer build of Mac OS X 10.7 Lion that allows a MobileMe account to be migrated to a codenamed "Castle" service.
Apple has begun adopting the "iCloud" name within several products currently under development, suggesting the appropriately labeled moniker is indeed the frontrunner for the company's soon-to-debut Internet cloud service, which will span beyond streaming music, AppleInsider has learned.
Apple is said to have indeed bought the iCloud.com domain for its forthcoming cloud-based iTunes music streaming service, though the rumored $4.5 million purchase price remains unconfirmed.
In what may serve as further evidence of an impending cloud-based iTunes service, a new report claims Apple has purchased the iCloud.com domain from the Swedish company Xcerion for $4.5 million.
Apple has reportedly told music executives that its cloud-based iTunes streaming service could be offered for free at first, but the company eventually plans to charge customers for hosting content on its servers.
A new report claims that Apple has succeeded in procuring deals with at least two of the four big music labels in the last two months, possibly signaling that the rumored iTunes streaming music service is imminent.
A recent report by environmental watchdog Greenpeace on energy practices in cloud computing called out Apple for relying on "dirty" energy for its $1 billion data center in Maiden, NC.
Apple is said to have "completed work" on its long-rumored cloud-based iTunes music streaming service, which will allow users to access their entire collection of music from any Internet-connected device.
The man who helped build data centers for Microsoft's cloud operations is said to have left the Redmond, Wash., software giant to work for Apple.
Apple is building a small team to write software which will lay the groundwork for the company's future Web services, which it has advertised as "the future" of its cloud-based offerings.
While ostensibly beating Apple and Google to market with its music locker service, Amazon's new Cloud Drive online music streaming service was launched before licenses from music owners were in place, threatening a new legal battle.
Apple could introduce a complete revamp of its MobileMe internet service as early as next month that would be completely free for customers of the company's hardware devices, marking a departure and depreciation of the existing service which retails for $99 per year.
Apple is said to be teaming up with Canon in a new partnership related to photography, although details are scant.
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Josh Ong
Sam Oliver
Neil Hughes
Slash Lane
AppleInsider Staff
Kasper Jade
Daniel Eran Dilger
Katie Marsal
