News Brief: Amazon Cloud Sputters, Apple Soars, $750K to ex.fm, Dre Wins, Topspin + LiveJam & More

  • Major problems with Amazon's cloud infrastructure has crippled some major internet operations today, including Hootsuite, Foursquare and Reddit starting early this morning. A quick check of music sites found Moontoast down.
  • Apple reported some impressive 2nd Quarter numbers: Revenue was up 83% and they sold 18.7M iPhones, 3.7M Macs, 9M iPods, 4.69M iPads (projection was 6M, but couldn't manufacture more).
  • iTunes Posts a Record $1.4 Billion Quarter. (MediaMemo)
  • Social Jukebox exfm Raises $750,000 For Its Music Discovery And Sharing Extension. (TechCrunch)

MORE:

  • Financial analysts Fitch reviewed Warner Music Group's strategic options.
  • The new incarnation of Death Row Records does not have the rights to sell Dr. Dre's iconic rap album "The Chronic" digitally, a federal judge ruled. (AP)
  • Topspin has partnered with LiveJam to offer video concert recording and fulfilment services. 
  • Top 5 Musical Uses for Your iPhone’s Formerly Secret Location Log. (Evolver.fm)
  • CDBaby's HostBaby site builder is launching a new platform with a music website design contest.


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