Wednesday, February 01, 2006
Napster To Be Acquired by Google?
"The New York Post claims that Google is considering an alliance or possibly an acquisition of Napster. Rather then starting their own, Google could jump start their music service with the help of Napster. Napster's share price soared more than 30 percent as a result of the report that they are in discussions with Google." From the article: " The company in January told Reuters that it was not on the block. 'The company is not looking to be sold, the management is not looking to step out. It's simply not true,' a Napster spokesman said on Jan. 23. Last week, Napster, founded by college student Shawn Fanning and was once synonymous with the pirating of music, laid off 10 managers." More information available from C|Net. Update: 01/31 19:16 GMT by Z : A Reuters article has Google denying that it has plans to acquire Napster or start a music store anytime soon.
source:http://slashdot.org/article.pl?sid=06/01/31/1717226
source:http://slashdot.org/article.pl?sid=06/01/31/1717226
# posted by dark master : 2/01/2006 10:05:00 AM
