It looks like some of the rumors regarding iTunes that came out close to the event on Wednesday were true. Apple has turned it’s attention to social networking, and has built it right into iTunes, making it almost impossible for many to avoid.

For music streaming in the US, most of us already use Pandora, or are waiting for the eventual US release of Spotify. The difference being that Pandora allows you to stream music based on the song or artist, and it’s all music that’s decided to be similar by Pandora. Spotify, on the other hand, let’s you choose what song or album you want to listen to, and essentially becomes a music library in the cloud. We may not have Spotify quite yet, but anyone who wants it can now sign up for a similar service, Rdio.

The Internet has made life difficult for the music industry, both for labels and for artists. There are those who understand how to use the Internet to their advantage (artists like Lady GaGa and Nine Inch Nails), and those who steadfastly refuse to release their music digitally (The Beatles, for example). Now it looks like we have an artist who refuses to release their new music online.

Prince, in an exclusive interview with the Daily Mirror, proclaimed that his new album “20Ten” will not be sold online. The reason Prince won’t sell his music online? “The Internet is completely over.” The pop star also pointed out that online distributors “won’t pay me in advance for it, and they complain when they don’t get it.”

Spotify Unlimited will cost users £5, or the equivalent thereof, for unlimited, ad-free streaming to a single computer, not unlike how MOG works for US customers. Spotify Open doesn’t need any payment or even credit card information. It includes 20 hours of listening per month to anyone that lives within a country that supports Spotify {Spotify}.

Despite constant promises from Spotify and it’s purchase of US servers in March, there is still no planned launch date. We’ve already gone through a few this year alone ranging from “early 2010″ to “Spring,” “Q3″ and the latest “before the end of the year”.

H&M’s third-annual Fashion Against AIDS collection, done in partnership with Designers Against AIDS, and new festival-inspired collection (featured here) are slated for release on May 20th. {DAA} In support of the campaign to support AIDS prevention and education, an official launch party will be held to host the first-annual H&M Battle of the Bands contest. [...]

You already use your iPhone to make phone calls, surf the internet, help you find your car in a parking lot, and maybe even make fart noises. But even we didn’t think the iPhone would be replacing your cello any time soon. The newest fad in iPhone adventures? iPhone orchestras. From the University of Michigans’ Mobile Phone [...]

Audiophiles rejoice: streetwear brand WeSC and Stockholm design agency Norra Norr have teamed up to release a set of super-portable headphones that will look equally great hooked up to both your big-boy turntables and your super-sleek iPod, without sacrificing sound quality like those [stylish, yet] puny little default Apple earbuds. The Maraca and Pick-Up models [...]