Fred / A VC:
Something Important Is On The Horizon In The Music Business  —  Having ceded the file based music opportunity (mp3s and drm’d file formats) to Apple, the recorded labels are now getting hip to the much bigger opportunity, streaming music.  —  Yes, it’s true that listeners will still want to own files […]

Om Malik / GigaOM:
AT&T’s 700 MHz Strategy: LTE  —  The open access restrictions mandated by the Federal Communications Commission on portions of the recently auctioned 700 MHz spectrum were among the main reasons AT&T chose not to bid for that spectrum but opted instead to pay more for that of the B-Block …

Andrew Orlowski / The Register:
MySpace Music leaves creators cold  —  $10,000 Panda Challenge - are you really protected?  —  What a pity that while raging against the (dying) major record label, keyboard warriors are content to see them gain more power over creators than ever before.  MySpace announced …

Laura M. Holson / New York Times:
Mobile Phone Industry Takes Aim at the iPhone  —  LAS VEGAS — Last year, the wireless industry obsessed over the iPhone.  This year, the industry is buzzing about how to beat it.  —  Touch screens, the mobile Internet and devices packed with multimedia capabilities dominated the discussion … […]

Nicholas Carlson / Valleywag:
South Park kills 10 YouTube memes for good  —  Viacom continues to pursue a $1 billion lawsuit against Google’s YouTube for allowing video piracy.  On Viacom’s Comedy Central, South Park creators Trey Parker and Matt Stone aren’t helping their corporate parent’s legal case.

Owen Thomas / Valleywag:
Facebook hires away Google’s top chef  —  Is it “poaching” when a company steals a rival’s chef?  At Google, executive chef Josef Desimone scrambled cruelty-free eggs by the truckload.  Now Facebook has hired him to replace steam-heated trays of takeout with the kind of free food Googlers are used to.

Michael Arrington / TechCrunch:
Fox Interactive Media To Miss Revenue Targets; Chief Revenue Officer Out Amid Reorganization  —  Amidst all the excitement over the MySpace Music announcement today is another story about the fate of parent company Fox Interactive Media.  FIM, the division of News Corp. that controls MySpace …

Loïc Le Meur / Loic Le Meur Blog:
20 reasons why Seesmic acquired Twhirl  —  As TechCrunch just announced, Seesmic just acquired Twhirl.  And here are 20 ways it will benefit the Seesmic community  —Staying in touch with your friends using microblogging is much easier using a client than through your browser