We all know that AIDS is killing a lot of people not only here in America, but especially in countries where access to medicines and medical care is hard to come by. (RED) is familiar enough in the technology world and usually associated with gadgets bearing the (RED) logo and a corresponding red paint job.

Today marks the launch of a new digital music magazine called (RED)WIRE. The magazine will be delivered to subscriber’s inbox every Wednesday. For the launch today (RED)WIRE is offering fans performances form U2, Jay-Z, Coldplay, John Legend, Dixie Chicks and more.

Grace Digital has come out recently with a number of new products to help convert vinyl to digital music, such as the Victoria Classic shown above. These new models - the Victoria Tunewriter, Victoria Classic and AVPUSB01S - price at around $300, $170 and $90, respectively.

All of these devices are designed to let you digitize your old records (LPs) and cassettes. Modes of digitizing include letting you record directly to CDs or digital music files which can be stored directly on an attached USB thumb drive. You can get the full details after the jump.

Best Buy announced today the release of its Best Buy Digital Music Store. This new service will give music lovers yet another option in the increasingly competitive digital music domain.

The new digital music service is powered by the RealNetworks Rhapsody 4.0 music service, and features both a permanent download store and a subscription download service.

This announcement is great for consumers who will now have even more options for purchasing digital music. Best Buy has a long road ahead of them with competitors like the iTunes Music Store dominating with over 80% market share and the recent launch of the Microsoft Zune Marketplace.