Shelly Palmer Radio Report – May 11, 2011

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Microsoft is acquiring the voice and video chatting service Skype for $8.5 billion. Skype’s services can be attached to a slew of Microsoft’s products and will help the company compete with Apple’s FaceTime. The purchase also adds value by giving Microsoft access to 107 million Skype users. In other news, Google finally launched its streaming music service, Google Music. The product that was supposed to stream music from a massive library will instead act as an online storage locker. You can request an invitation to join the beta and begin listening to your music library remotely. And finally, the FCC announced the Personal Localized Alerting Network, which enables the government to send nationwide text messages. The service will only be used for Presidential messages, imminent safety concerns and Amber alerts. It rolls out in New York City by the end of the year and nationwide soon after.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit



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