Microsoft is launching the much awaited Zune media player on Thursday. The device, which the company anticipates will be ready in time for the holidays, will come in three colors and be capable, via its built-in Wi-Fi, of sharing full-length songs with other nearby Zune devices, the software giant said.

As had been revealed through regulatory filings, it includes a 30GB hard drive as well as a 3-inch screen. The Zune will come in black, brown and white, but the company has declined to reveal any pricing information.

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