HP Buys Music Streaming Service Melodeo
You know what's all the rage right now? Music streaming. You know who the newest player in that space is? HP. After buying up Palm in a $1.2 billion deal, HP has picked up music streaming service Melodeo for around $30 million. Quite the deal by comparison. Get ready for the audio streaming wars.
Both Google and Apple are working on streaming services of some sort. Google actually showed off this feature at Google I/O. But Apple has been silent since it acquired Lala a few months back. We can only assume they plan to do something with it. Melodeo's main product is called nuTsie; an app that allows Android, Blackberry, and WinMo phones to stream iTunes playlists.
We would be shocked if this service didn't end up in WebOS in the near future. We'll keep an eye on this one. Before you know it, a streaming music solution will be as important as an app ecosystem.