Apple Inc. (NASDAQ:AAPL) vice president of consumer applications Jeff Robbin is best known for developing iTunes and helped create the iPod. According to sources with Bloomberg, Robbin will now be spearheading the development of an Apple television set. Before Apple co-founder Steve Jobs passed away, he told his biographer Walter Isaacson that he had “finally cracked” how to build an integrated TV set with a simple user interface that could wirelessly synchronize content with Apple’s other devices.

Apple Inc. (NASDAQ:AAPL) has released a beta version of iTunes Match. iTunes Match allows you to store your entire music collection on iCloud so you can stream it on your iPhone, iPad, iPod Touch, or Mac computers.

Jay-Z and Kanye West’s “Watch The Throne” was one of the most anticipated hip hop albums of the summer. One of the advantages of launching their album exclusively on iTunes before distributing compact discs was that leaks were prevented. Often times music stamping and compact disc shipping employees hi-jacks the tracks and uploads them to the Internet. Perhaps the leak prevention may encourage other artists to launch exclusively through iTunes now too. Another cause for the decline of the compact disc. [Gizmodo]

Rumors were floating earlier about how Apple may be rolling out a new service called iTunes Replay. iTunes Replay was a service that would provide the ability to re-download and stream movies and TV shows on the iPhone, iPad, iPod Touch, Apple TV, and iTunes from iCloud in an effort to compete directly with Netflix.

Amazon.com, Inc. (NASDAQ:AMZN) has declared a price war with Apple Inc. (NASDAQ:AAPL) by lowering the price of top selling music in a further effort to compete with iTunes. Now the average price on hit songs on Amazon are $0.69. Some of the hits songs that Amazon.com lowered the price on as of right now includes Lady Gaga’s “Born This Way” and Katy Perry’s “E.T.” Amazon.com has around a 10% market share and Apple has about 70% for the digital download music market according to the NPD Group. Apple is selling top selling songs for $1.29, almost double of what Amazon.com charges now. [LA Times]

Sony Corporation is hinting at withdrawing Sony Music artists from Apple iTunes. Sony is also considering withholding their games from the Apple App Store. Sony is planning to launch a music streaming service of their own soon. And they are launching an application store for their upcoming Sony PlayStation phone.

Someone in China hacked into iTunes and was able to steal information about 50,000 accounts. The stolen credit card information was listed on Chinese auction website TaoBao.com. The buyers were promised temporary access to unlimited downloads for as low as 1 yuan at a time.

If you bought The Other Guys, Salt, and/or Resident Evil: Afterlife from iTunes, you may notice some extra features. When you input a line in the search button, then it will take you to a clip in the movie where it was uttered. There is also a “clip & share” function that lets the viewer select a scene from the movie and share it on social networks. There’s also a playlist of the songs from the movie with links to the iTunes purchase page.