Google Inc. is preparing as early as Tuesday to unveil a new online  music service similar to a service recently launched by Amazon.com Inc.,  according to people familiar with the matter, a move that escalates the  battle to create the next generation of Internet businesses for storing  and listening to music.
Google, like Amazon, hasn't secured  licenses from the four major recorded-music companies, according to  these people, and is likely to include a system that functions much like  a remote hard drive.   
Read More....
Google to Unveil Online Music Service - WSJ
 
 
