The digital music industry went into “shuffle” mode again on Wednesday, when Metro, the German retailer, said its Media-Saturn unit had acquired a controlling stake in 24-7 Entertainment, a UK-based distributor of digital music. Digital music, like social networking sites and internet operations, are being subsumed into more traditional businesses.
24-7 is a rival to Apple’s iTunes, and runs 41 download stores in 13 countries, including running the music stores for mobile operators like TDC of Denmark and supporting Sony Ericsson’s PlayNow service. Read more
Nintendo’s Wii, clear leader in the next-generation console race, has just passed another major milestone.
Satoru Iwata, Nintendo president, told the Game Developers Conference in San Francisco today that global shipments had now passed 50m, making it the fastest selling hardware in video game history. Read more
There are signs the mobile payments market is really taking off at last with Nokia announcing a substantial investment in service provider Obopay today.
The amount, understood to be in the region of $70m, is being put in by Nokia itself rather than its venture arm and gives it a minority stake in the Silicon Valley company. Read more
As a near total black-out of YouTube in China moves well into its second day, the feeling must be growing in Mountain View that Google is just not welcome in the Middle Kingdom.
If this is censorship, then it looks very heavy-handed. Unlike previous cases of YouTube censorship, which have often involved selectively blocking offending videos, this one is sweeping. Read more