Google has decided to launch an online music store moving that will lead them into direct competition with Apple and Amazon in the digital music world.

According to the report the new store would provide both conventional MP3 music for download and streaming services to play music direct to devices.

According to music industry sources, quoted by the New York Times, the store could be open for business in a matter of weeks, although the company may need more time to secure deals with recording labels and music publishers. Read the rest of this entry »