Best Buy Co., the world’s largest consumer-electronics retailer, is expanding its U.K. online music platform to the U.S. in an attempt to challenge the cloud-based offerings from Amazon and Apple. California based Catch Media Chief Executive Officer Yaacov Ben-Yaacov said today in a phone interview with Bloomberg that Best Buy’s U.S. Music Cloud service, powered…

Apple’s recent news on its upcoming iCloud initiative highlights the momentum and excitement behind cloud services and is sure to usher in a new round of cloud offerings from others, in addition to putting focus on existing services. While many cloud services appear to offer similar functionality, it is likely that each of these seemingly…

World Street Fundamentals released today its industry report which highlights Microsoft Corporation and Apple Inc. The report states that Systems Software spending will start to increase due to the growing interest in cloud computing. Thus far the Systems Software index has declined 2.6% year-to-date, while the S&P increased by 6.3%. Analysts expect revenues to increase…

Layer 7 Technologies unveiled today its new API Portal technology, a solution that provides companies and service providers with a secure, turn-key way to manage developers creating applications against their application programming interfaces (APIs). The API portal is part of Layer 7’s API management suite which includes the Enterprise Service Manager for governing the API…

Rumors suggest that at this year’s Apple Worldwide Developers Conference in San Francisco iPhone news won’t be as prominent as last year, instead attendees will sit through discussions on software; including iOS 5 and Apple’s upcoming desktop-based operating system, Mac OS X Lion. Apple hasn’t released specific details on what it has planned for the…