Amazon Goes Live With Cloud-Based Music Service; Et Tu, Apple?

Amazon’s long-rumored cloud-based music service is rumor no more. The Seattle retailer launched Amazon Cloud Drive on Monday night, giving it the early lead in the space, though Google and Apple are also believed to be readying similar online “locker” services.

In Related News, 22 Percent of Students Are Also Unaware of the Current Economic Climate

Nearly 8 percent of high school students own an iPhone. And 22 percent of those who don’t, hope to buy one in the next six months. This according to Piper Jaffray’s 16th bi-annual Teen MP3 Player and Online Music Survey, which found that Apple’s cachet among teen consumers is as solid as it ever was, economic collapse be damned.