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iTunes Costs $1 Billion to Run, YouTube Still Struggling With Profit

Apple iTunes
Highlights from this morning's big tech headlines...
  • According to Fast Company, a new report from Asymco claims that running iTunes costs Apple $1 billion a year. [From: Fast Company]
  • Despite what must be a critical mass of cat videos (and an even higher viewing rate), YouTube still isn't in the black, Google says. [Form: All Things D]
  • Space shuttle Discovery was wheeled out of its hangar yesterday for its 39th and final mission. [From: Fox News]
  • Amazon announced yesterday that Kindles will be available at Best Buy locations nationwide this fall. [From: CNET]
  • Android users (1.6 and later) now have access to Google's Walking Navigation and Street View smart navigation. [From: Engadget]

Tags: amazon, android, apple, bestbuy, cellphones, discovery, google, google street view, google walking navigation, GoogleStreetView, GoogleWalkingNavigation, itunes, kindle, morningxtra, space, street view, StreetView, top, youtube