EDITOR'S NOTE

Today we received two announcements that sites are being shut down: Sanity Music's LoadIt online music service, and microblogging site Pownce was acquired by Six Apart.

The difference? Pownce is a much-loved product, and its announcement sparked a flood of messages wishing the founders well. LoadIt, however, left as it arrived: largely unnoticed.

Sanity Music has no excuse for LoadIt's failure. Recent research shows that online music accounts for 18 per cent of music sales, a figure which will rise to 41 per cent in five years. And it's not like staff are expensive: a survey showed that IT staff would work longer hours for less pay just to keep their jobs.

-- Kathryn Small

TODAY ON ITNEWS

By Staff writers | December 02, 2008

Internode has appointed the former head of operations at Cable & Wireless, Mike Damms, as its first chief information officer.

By Ry Crozier | December 02, 2008

Sanity Music's dud LoadIt online music service will close just five months after it launched, according to chief executive Ray Itaoui.

By Staff writers | December 02, 2008

Popular microblogging and social networking site Pownce will close forever on 15 December, after it was acquired by rival Six Apart, the company behind Movable Type, Vox and TypePad.

By Staff writers | December 02, 2008

Mornington Peninsula Shire Council is rolling out Objective enterprise content management (ECM) software to 650 users enterprise-wide as part of a wider strategy to enable it to conduct more business process transactions online.

By Kathryn Small | December 02, 2008

Ten years since its creation, distributed computing platform Akamai now delivers 20 per cent of the world's internet traffic by request. iTnews talks to Stuart Spiteri about high speed internet delivery around the world.

By Staff writers | December 02, 2008

User-created extensions are at the heart of a new Google plan to improve its open source Chrome browser, according to documents on the Chromium development site.

By Iain Thomson | December 02, 2008

A survey of over 600 IT staff in New York, London and Amsterdam has shown that over half are concerned about losing their jobs and over a third would be prepared to work longer hours with a 25 per cent pay cut if they could keep their jobs.

By Staff Writers | December 02, 2008

Barack Obama's presidential victory got more clicks than any other story on yahoo.com this year, but the most searched term was "Britney Spears," Yahoo Inc reported on Monday.

By Staff Writers | December 02, 2008

Digital music sales account for 18 per cent of the U.S. music market and that figure will grow to 41 per cent in five years, Forrester Research said in a report released on Monday.

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