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Jun182006

Microsoft’s iPod Rival

NEW YORK (Reuters) – Microsoft Corp. (MSFT.O: Quote, Profile, Research) is developing a music and video device to compete with Apple’s iPod and creating its own music service to rival Apple’s iTunes, sources familiar with the plans said on Friday.

Robbie Bach, a rising star at Microsoft who headed development of the Xbox video game business, is overseeing the project, one source said. |

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