Investor's Business Daily - The tech giant has reached agreements with three major record labels to let users of a forthcoming iTunes service listen to songs on mobile devices via the Internet, Bloomberg reported. Apple's (NASDAQ:AAPL - News) service follows similar ones from Google (NASDAQ:GOOG - News) and Amazon (NASDAQ:AMZN - News), but the other services didn't secure licensing deals. Apple reportedly reached deals with Sony's music division, EMI and Warner Music, and is close to a pact with Universal Music. Apple fell 1.6% to 335.22.
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