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Tuesday, 20 September 2011 - Atrinsic launches Kazaa app for iPad, shares soar |
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Related Topics Technology » Hot Stocks » Asian Markets » Steve Jobs » Tue Sep 20, 2011 10:43am EDT (Reuters) - Atrinsic Inc said the streaming application for its popular Kazaa digital music service is now available for download through Apple Inc's app store, sending its shares up 67 percent in heavy volumes. The Kazaa music app would be available for free download on Apple's best-selling iPhone and iPad products, New York-based Atrinsic said in a statement. "Kazaa mobile will be available on more and more devices in the future," the company said. In March, Atrinsic said Kazaa, an on-demand streaming music service that it acquired last year, could be accessed without an application -- a move that would help it skirt Apple's plans to take a slice of its revenue from online subscriptions through the App Store. Atrinsic shares were up 46 percent at $3.29 on Tuesday on Nasdaq. They touched a high of $3.75, earlier in the session. (Reporting by Saqib Iqbal Ahmed in Bangalore; Editing by Viraj Nair) Technology Hot Stocks Asian Markets Steve Jobs Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?)   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Contact Us Advertise With Us Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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