Yesterday, according to a New York Post, Google was looking to get its own music service going and was considering aligning or even purchasing Napster.As a result of this report, Google shares bloated as much as 25%, but the stock gave back more than over half those gains after a Google spokesperson denied such takeover interest.
A Google spokesperson, in an emailed response to MarketWatch, said the company has "no

plans to acquire Napster, nor do we have plans to develop a music store at this time."
Such a move by Google was expected by many analysts, and would only have been a small step away from the Google Video service it currently offers, however, although the official word from Google on that one is “no,” that still leaves the question of what exactly do they mean by ‘at this time’.


Full article: Softpedia