News this morning is that Sweden - based Xcerion just sold its iCloud.com domain for 4.5 million and that Apple might be the buyer. Xcerion had previously sold a cloud-based storage service called iCloud, but it's been rebranded as CloudMe after the sale of the iCloud.com domain.
Speculation abounds that Apple is nearing the launch of a cloud-based music service that would allow people to store their music libraries on the Web for access anywhere they can connect to the Internet. Last month, Amazon.com launched its own digital music locker, allowing folks to store their tracks on the Web. The Amazon service also lets people store video and e-books. However, the service launched without licensing content from record labels, potentially putting it at a disadvantage when compared with services that have licensed content and can thus deliver a more well-rounded, feature-rich offering.
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