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Rdio Dze

9:15 AM -- With over-the-top video venture Joost filed under "Didn't Work Out," Skype Ltd. founders Niklas Zennstrom and Janus Friis have turned their attentions to online music by backing startup rdio, reports The New York Times. (See Joost, Joltid Sue Volpi, Joost Shifts Focus to Video, and EBay Buys Skype for $2.6B.)

It'll be worth keeping an eye on rdio to see how it differs from the many other music content offerings. Zennstrom, meanwhile, still has his finger in the online video pie via his investment in kyte.tv . (See Kyte.tv Lands Investment.)

— Ray Le Maistre, International News Editor, Light Reading

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