Apple, labels talk music in the cloud

Apple executives have spoken to the top four recording companies about plans to offer a streaming music service free of charge to consumers, multiple music industry sources told CNET.

Apple's managers haven't revealed many details about their plans but did discuss offering iTunes users a means to store copies of their music libraries on Apple's servers. The benefits to an iTunes user would include the ability to back up music and access songs off the Web from any Internet-connected device and conceivably from anywhere in the world.