iTunes 10 Debuts with Music-Centric Social Networking Service

Apple CEO Steve Jobs revealed recently that the new version of iTunes, which was released Wednesday, would feature a new service known as “Ping,” a kind of facebook/twitter hybrid for music lovers.  More after the jump.

In addition to offering users a new way to discover fresh music, Ping also provides tour information about artists via profile pages—a service that is provided by Live Nation.  At the time of publication, there are approximately 17,000 concert listings on the service.

Ping works much like any other social networking service, as it enables users to follow friends and musicians alike and customize album and song charts.  Users can also offer their opinions to their Ping friends via a commenting system similar to Facebook.

CNET, a prominent technology new site, posted story regarding some iTunes 10 issues, including one bug where some users are finding someone named Nathan Volker in their friends list.  Evidently, Volker created the account under Jobs’ name which caused the bug.

There are currently 160-million iTunes users across 23 countries, all of which will automatically have Ping installed once they update their installs.  Techno-blog TechCrunch expects that more users will pour in once Apple releases the service in more areas.

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