Google's New Project May Compete with Apple

According to Reuters, Google is planning to create a music download store and digital song locker. Andy Rubin, Google Vice President of Engineering, is currently in talks with leading music labels over what the service could look like. And if Rubin’s plan works, we might even see the service out there before Christmas.

No actual deals have been signed yet, but the prospect of having another competitor in the music industry is very appealing to the labels. Currently, 70% of all digital music sales come from Apple.