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.
The global cloud computing market is undergoing new significant growth, driven by the rapid adoption of artificial intelligence (AI) and the demand for flexible, scalable infrastructure. The recent market study by International Data Corporation (IDC) provides compelling evidence of this transformation, highlighting the accelerating growth in cloud infrastructure spending and the pivotal role of AI in shaping the industry's future trajectory. Shared Infrastructure Market Development The study reveals a 36.9 percent year-over-year worldwide increase in spending on compute and storage infrastructure products for cloud deployments in the first quarter of 2024, reaching $33 billion. This growth substantially outpaced non-cloud infrastructure spending, which saw a modest 5.7 percent increase to $13.9 billion during the same period. The surge in cloud infrastructure spending was partially fueled by an 11.4 percent growth in unit demand, influenced by higher average selling prices, primari