Apple developing new audio file format to offer 'adaptive streaming'

Format will provide high- or low-quality files to iCloud usersApple is working on a new audio file format that will offer "adaptive streaming" to provide high- or low-quality files to users of its iCloud service.The new format could mean that users can get "high-definition" audio by downloading to an iPhone, iPad or iPod Touch. Alternatively, it could offer a streaming service – like that of Lala.com, the music streaming and online storage company, which Apple acquired late in 2009.The new sys...

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