Steve Jobs to unveil iCloud, iOS 5 at Apple keynote

(CBS/CNET/AP) - Steve Jobs will take a break from medical leave to unveil Apple's cloud-based service, iCloud, at Monday's keynote speech during the Worldwide Developers Conference, the company said Tuesday.

According to CNET, the company hasn't explained what the iCloud will do, but Apple has been in talks with all four major recording companies on allowing users to store their songs on Apple-run servers rather than on their home PCs, according to a person familiar with the matter.

The person was not authorized to speak publicly on the deals and spoke recently on condition of anonymity.

Apple's statement also said the keynote speech will feature Apple's new Mac software, Lion, and the next version of Apple's iPhone and iPad software, iOS 5.

Jobs went on medical leave in January for unspecified reasons, handing over day-to-day control to chief operating officer Tim Cook. Investors were rattled because Jobs is seen as the creative force behind the company, crucial to shaping hit products like the iPod, iPhone and iPad.

Even while on leave, Jobs has remained involved in larger decisions at the company, and demonstrated the new iPad model at a news conference in March.

Tuesday's brief statement did not mention any new hardware.