Reuters reports that Microsoft is developing an iPod and iTunes Music Store competitor From the article: . Few details are available, but it's known that Robbie Bach (the man behind the Xbox) is heading up the project.""Most iTunes rivals charge monthly fees to access a catalog of entertainment, but some allow consumers to buy individual songs for about $1 each. Microsoft's service will emphasize the pay-per-download, or a la carte, model, the sources said. A subscription component will also be offered, according to early accounts of the planned service. One source, who has seen a demonstration of the service, said it was an improvement over iTunes."