Ping: New Music Tool For iTunes – At an Apple news conference today, Steve Jobs announced iTunes 10, which includes a music discovery tool called Ping.

Ping unveiled - a new Apple iTunes music discovery tool

Ping unveiled - a new Apple iTunes music discovery tool

iTunes is a key part of Apple’s industry dominant music package, and at the event, Steve Jobs showed off the newest version, iTunes 10, which adds the intriguing new music-discovery function.

Ping aggregates posts from friends and artists you follow, a function similar to the social-networking features in Twitter and Facebook, and includes a new database with over 17,000 concert listings from those artists.

Follow a friend or artist and get updates including photos, concert dates, and new music he’s bought or added to iTunes.

Ping also creates a custom, top 10 chart of music based on those people you follow.

“It’s a social network all about music,” Apple CEO Steve Jobs said.

Looks like Jobs is also playfully tweaking arch-rival Microsoft and their “Bing” search engine. No way Microsoft can sue for the sound-alike name though because its a generic computer term.

And that’s the latest from Action News on the Apple announcement of Ping: New Music Tool For iTunes.

Tags: apple, ipod, ipod music tool, itunes, itunes 10, itunes ping, music social network, ping, Ping: New Music Tool For iTunes, steve jobs

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