“Microsoft is… considering launching an online music service to rival Apple Computer’s iTunes, [Yusuf Mehdi, the head of Microsoft’s MSN Personal Services & Business division] said. Such a service would likely replace Microsoft’s current service it offers in partnership with Pressplay,” reports Joris Evers for IDG News Service.
“However, plans for a music service are still in the very early stages, if they could be called plans at all, according to Mehdi. Demonstrating that, Microsoft Chairman and Chief Software Architect Bill Gates said on Thursday that he does not see a music service as a money-making service. ‘It’s maybe a feature your platform should offer, but it’s not like you’re going to make some [big] markup,’ Gates said in response to analysts’ questions at Microsoft’s annual financial analyst meeting at the company’s Redmond, Washington, headquarters,” Evers reports.
Full story here.