A database update to antivirus software AVG over the weekend caused the software to quarantine the popular Apple store software iTunes. It viewed the iTunes’ library files as a Trojan virus.
“Unfortunately, a recent virus database update resulted in iTunes being detected as a Trojan by AVG security products. We can confirm that it was a false alarm. AVG immediately released a new virus database update (definition file 270.13.29/2260) that corrected this issue,” the company wrote in response to complaints on Apple’s support forums and its own official forums.
Source: AppleInsider

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Lee
AVG has been lagging for a couple of years now. I no longer trust them on my networks.
I’m not sure what’s worse iTunes or AVG. AVG has fallen behind in speed and bought into more is better trap with AV’s.
ITunes has also become a horrible pig and not worth using on a PC, I was glad to see Maximum PC finally agree that for Windows the Zune software is superior.