More Convergence

Convergence in the technology world seems to be continuing to gain steam, and that means new opportunity for entrepreneurs who can take advantage of the changes that convergence creates.
That latest example is reported today at Red Herring.
“Handset makers at this week’s annual 3GSM mobile industry gathering are emphasizing strategies to turn mobile phones into digital music players, technology one analyst predicts could be an ‘iPod killer.’
“On Monday, Nokia took the industry by surprise when it announced that it had inked a deal to use longtime rival Microsoft’s music formats in its handsets, with the aim of allowing cell phone users to easily transfer music from personal computers equipped with Windows XP software. The Finnish handset giant said it would release a music-centric cell phone using an open mobile music platform from Loudeye, which will let users browse, download, and listen to songs, with charges appearing on their monthly bill. Users would also be able to transfer songs between their cell phones, digital music players, and computers.”

Such times are not for the faint of heart. While opportunities abound, today’s star can become a dog in a few short months.