It's first page news because Ping has an exclusive from a major artist. It's a good step for Apple in promoting Ping. I'm not a huge fan of Michael Jackson, but I definitely see exclusive content working out for Ping.
The world would also be a better place without pessimists who find the worst in things. This is about Ping getting an exclusive, not an artist's personal life.
Settling out of court proves guilt? Damn, there are a lot of guilty people and companies in the world. I bet they all molest children, too.
Sarcasm aside, it's cheaper for artist's and companies to settle outside of court, rather than pay for lawyers and waste time in court. Also, iTunes probably aren't intending to promote Michael Jackson's music. They know Michael Jackson has a huge fan-base, and by introducing an exclusive of this artist's work to Ping, they help increase their users. That's what I understand from this article.