You may recall that last October, Roxio launched the once infamous file-swapping company brand name as a legitimate online music buying service, using the acquisition of another music service, Pressplay.

Roxio has now decided to give up its CD-burning antics and concentrate on online music, full time. To that end, it will adopt Napster as its corporate name, trading under a new ticker symbol. This therefore marks the beginnings of Napster as a registered, public company (http://www.wired.com/news/business/0,1367,65010,00.html).

The news comes hot on the heals of news that Microsoft and Yahoo are lauching similar services.

What, have they got some high school kid running the company now. "Teh mp3s are da future yo!". Stupid move; so long guys, you'll be bankrupt in a year.