Microsoft is planning to introduce a subscription-based digital music service, to compete both with rival Apple's dominant song store and other subscription models from Yahoo and RealNetworks, CNET News.com reported, citing sources familiar with the plans. "We think that the subscription model is very interesting," MSN lead product manager Christine Andrews told News.com. "It is something that we will continue to look into." Microsoft is reportedly asking record labels for the rights to offer prospective subscribers to its service a Microsoft-formatted version of any song they purchase from the iTunes Store, so they can be played on devices other than an iPod. The company is also planning introductory pricing for the subscription service in line with Yahoo's offering; at $6.99 per month, the current pricing of Yahoo's service undercuts competing services from Napster and ReaNetworks, which charge $15 a month.
Technology is a compelling catalyst for economic growth across the globe. Artificial intelligence (AI) rides a seismic wave of transformation in the Asia-Pacific (APAC) region — a market bolstered by bold government initiatives, swelling pools of capital, and vibrant tech ambition. The latest IDC analysis sheds light on this dynamic market. Despite a contraction in deal volumes through 2024, total AI venture funding surged to an impressive $15.4 billion — a signal of the region’s resilience and the maturation of its digital-native businesses (DNBs). Asia-Pacific AI Market Development The APAC AI sector’s funding story is not just about headline numbers but also about how and where investments are shifting. Even as the number of deals slowed, the aggregate value of investments climbed, reflecting a preference among investors for fewer but larger, high-potential bets on mature or highly scalable AI enterprises. The information technology sector led the AI investment charge. Top area...