Digital round up August 11: News Corp. loses $254m on Myspace, 7digital launches FLAC album store, HTC takes controlling stake i

News Corp. lost $254m (?156.4m) on the recent sale of Myspace (AllThingsDigital)

7digital has created a dedicated FLAC section on its site, selling albums as 16- and 24-bit downloads in 32 markets. They retail for £9.99 each in the UK and this follows 7digital getting the retail exclusive on Radiohead's The King Of Limbs as a 24-bit FLAC download in March (7digital)

HTC is acquiring a 51% stake in Beats Electronics, the company that makes Beats ...

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