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iCloud could be the name of Apple's new cloud storage system

Many tech giants have either launched, or are in the process of launching cloud-based storage services for music, media and documents. Fierce competition has moved to the digital world in regards to music especially, and none of the big players want to be left behind. 

Amazon released its Cloud Drive and Cloud Player in March, which offers 5 GB of online storage for free. It also saves MP3's from Amazon's store automatically to the cloud along with other uploaded files like music, photos, movies and documents. Amazon customers can also upgrade to 20 GB for one year through the purchase of an MP3 album from Amazon.com. But Amazon encountered legal issues with record labels when it failed to obtain new licensing rights. Amazon has since met with these labels to discuss legal matters.  

Google was expected to launch a cloud storage service as early as last Christmas, but held off due to its licensing-related search for a subscription service. Currently, Google is still in talks with Warner Music Group, EMI Group, Universal Music Group and Sony Music Entertainment. In addition, reports have noted that a change in upper management may be contributing to the delay. On April 1, Larry Page, co-founder of Google, became chief executive while Eric Schmidt was moved up to executive chairman.  

Now, Apple is stepping into the cloud storage ring with a completed online music storage locker that reportedly will be released before Google's cloud system, and reports are saying that Apple will call it iCloud. This tip comes from the rumor that Apple may be the recent buyer of the domain iCloud.com.

Apple's online music storage system will allow iTunes users to store music on a remote server and access it from several different devices.

ICloud.com was originally owned by Xcerion, which is a Sweden-based desktop-as-a-service company. Recently, Xcerion renamed its service CloudMe and bought the domain CloudMe.com on April 5. 

The anonymous source, who is close to Xcerion, said Apple bought the domain iCloud.com from Xcerion for $4.5 million. 



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Damnnn!
By msheredy on 4/28/2011 11:34:16 AM , Rating: 2
I wish my company had that kind of disposable, I mean investible money!




RE: Damnnn!
By SpaceJumper on 4/28/2011 11:40:05 AM , Rating: 4
Apple fanboys are paying for it.


RE: Damnnn!
By hiscross on 4/28/2011 6:18:30 PM , Rating: 2
The Fanboy has become popular on the web over the years. It is a way for the senseless and useless types to show how brave they are. I suppose if those internet smart butt could actually meet a real Fanboy in person things wouldn't work out to well for someone. I can remember when people used to say things to your face and then hope and pray that there was face left to say I'm really sorry. Even a brave drunk usually only mouths off once before they think about they are ready to say. So I will end with this, if it isn't your money that people use to buy something, then keep you comments and head up your butt where they belong. An Apple customers since 1988.


RE: Damnnn!
By chagrinnin on 4/29/2011 10:45:07 AM , Rating: 2
Hehyeaheh, some people are so brave over the internet.

</irony>

butt cheese


RE: Damnnn!
By MrBlastman on 4/28/2011 12:51:10 PM , Rating: 2
I think the company that sold it to Apple for only 4.5 million are a bunch of suckers. They should have held out for way more money.


RE: Damnnn!
By carniver on 4/28/2011 1:02:34 PM , Rating: 4
Better pocket 4.5 million than to pay 4.5 million instead. Apple's legal team can repeatedly sue them until they're bankrupt.


RE: Damnnn!
By therealnickdanger on 4/28/2011 3:02:18 PM , Rating: 4
Yeah, I would have just taken it. One in the hand is worth two in the bush, as they say.

... oh not like that, you perv!


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