Microsoft has said reports that the company is planning an MP3 player to rival the iPod are based 
on "speculation and rumours". The software giant and games console firm said it did not "have anything to announce at this time". Unnamed music industry executives have told the New York Times that they have received briefings about the product.
The iPod rival would have wireless internet capabilities to download music without a PC, said the report. BBC NEWS | Technology | ‘IPod rival’ speculation dampened