A report out of Reuters claims Apple is set to launch its online music storage service. The service would allow users to store their iTunes content in the cloud and access it from an internet-connected device. Apple has yet to secure the licenses for the new service and is in the process of negotiating with the music labels before the service's big launch. No word on whether changes to MobileMe are included with this upcoming launch.
Apple will reportedly beat Google to the punch and launch its music storage and streaming service ahead of the search giant. Hints of Google's foray into music streaming have appeared in the latest builds of Android, but the rollout of this service is reportedly delayed.
Amazon has beaten both Apple and Google with its Cloud Drive and Cloud Player service, which lets Amazon users store their music library and other files in the cloud. Amazon's Cloud player can play back these stored music files using a desktop web browser or an Android device. You can use a relatively easy workaround to access Cloud Player on your iOS device as we described here.