Internet media company CNET Networks announced Friday that it is acquiring the assets of online music distributor MP3.com. San Francisco-based CNET Networks said it has signed a definitive agreement with Vivendi Universal Net USA to acquire the assets of MP3.com, with the deal scheduled to close in December. Terms of the transaction were not released. CNET Networks operates an array …

An independent software developer has created a program called MyTunes that lets users of Apple Computer’s iTunes for Windows grab song files from other people on a computer network. While iTunes’ main purpose is to let people buy music online and play songs stored on their PC, the software also includes a feature that allows customers to listen to songs …

Angry at what they see as a misuse of their funds, some Pennsylvania State University students are protesting their college’s new deal with the Napster music service. The new service was announced Thursday with considerable fanfare, touted by university officials and the company as a way to provide students with a legal alternative to downloading music illegally from Kazaa or …