The company's new service, which could be known as "iRadio," was rumored to be close to launching earlier this year, if not a snag with a music publisher.
Color is more valuable than you may think. That's why an Apple acquisition makes sense.
After news that the hyped startup was shutting down, a rumor now says that Apple may be setting its sights on the photo-and-video-sharing social network.
Despite reports of its demise, a representative says Color is not shutting down.
The company's board reportedly voted last week to shut down operations, though it's not clear when the decision might be carried out.
Video-sharing app company Color snags a carrier contract, releasing a tweaked version of its app the old-fashioned way.
When the iPhone maker bought Lala.com, most assumed a music cloud service was on the way. But sources tell CNET that it may take a back seat to video.
The photo company launches a new version of its iPhone app that conjures up temporary social networks among party-goers or soccer moms to share pictures.
Lala, the music service recently acquired by Apple, is being shuttered, but Lala's technology may live on in iTunes cloud music and video features.
Michael Nash, Warner's outgoing digital chief, says you bet the industry stumbled at times in the digital era but it's pointed in the right direction now: toward the cloud.