A claim from Bloomberg says that Apple is revamping its iAd division to support what will be its free but ad-supported streaming music service (dubbed "iRadio" by pundits), expected to be announced at next week's Worldwide Developers Conference and modelled on the popular user-guided, algorithm-picked music station Pandora. The service, which likely won't debut until later this year with the release of iOS 7, will introduce new business models intended to lure name brands to advertise on the radio-esque music service.
