Abelton

can I use Live 5 to record audio from another application or sound coming from my computer ala Audio hijack ? to record streams and so on, Thanks.

my packardbell laptop i can do that.. i can open up audacity and play music and it records it internally

my bell laptop cant, but i can multi track on my dell, perfectly but only has 1 jack in.

as in my packardbell has 2 audio in's and i cant multitrack as it picks up what evers playing.