Apple's Cloud Gets Clearer

Apple's Cloud Gets Clearer
Apple
has finalized a cloud-music licensing agreement with EMI Music and is close to deals with Universal Music Group and Sony Music Entertainment, according to a Cnet report. The recently sold Warner Music Group is reportedly already signed on. A Billboard.biz report suggests Apple could announce the cloud service at its Worldwide Developers Conference, which takes place June 6–10 in San Francisco. Amazon and Google have already launched cloud services, but without music label licenses. (5/19)

China Piracy Cost U.S. $48 Billion In 2009
U.S. companies lost $48 billion due to Chinese piracy in 2009, according to a report by the U.S. International Trade Commission prepared at the request of the Senate Finance Committee. Categories the commission reviewed included apparel, computer hardware and software, games and toys, motion pictures and television, pharmaceuticals, and sound recordings. The report concluded that 2.1 million jobs could be created in the United States if China complied with current international obligations to enforce intellectual property rights. (5/19)

Email Newsletter