Apple has purchased the iCloud domain name, and rumors have been hot that they'll reveal their new service at WWDC early next month. They've negotiated deals with the four major music labels, and it appears that iCloud will be a giant jukebox in the sky — any song you want, whenever you want it. One goal is the convenience of having all of your music available from any of your computers or devices without having to sync. You can read more in the New York Times.