Submission + - CBS buys Last.fm
prostoalex writes: "Last.fm, a social music site, has been purchased by CBS for $280 million. News.com.com.com analyzes the deal: "The service, which was founded in 2002, is popular, with more than 15 million active users worldwide. The acquisition gives CBS access to a young, tech- and music-savvy demographic, which is certainly a valuable asset. But according to Forrester Research analyst James McQuivey, the hefty price tag suggests that CBS may be after the scrobbling technology too.""