Rumor: Facebook to take on iTunes?
AllFacebook blogger Nick O'Neill wrote on Friday that an "extremely reliable anonymous source" had told him that Facebook is working on an in-house rival to Apple's mighty iTunes Store. According to O'Neill, the company is in the process of looking for an executive to head this division--his source allegedly knew about the whole deal because of an acquaintance interviewing for the position--and is already meeting with record labels.
It's unclear whether this would be strictly a music store or whether it might extend to other forms of media, like TV shows and movies.
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