Summary:

(free registration): Apple Computers in talks with Vivendi Universal to buy Universal Music Group, the world’s largest record company, for a…

(free registration): Apple Computers in talks with Vivendi Universal to buy Universal Music Group, the world’s largest record company, for as much as $6 billion, reports LA Times. Jobs apparently is betting that music is finally on the verge of becoming a profitable presence on the Internet. Apple has been quietly testing a service that some music business insiders believe could pave the way for widespread online distribution of songs.

Comments have been disabled for this post