Apple buyout of Lala a done deal [U]

(Update with Apple confirmation) Apple has already cemented its deal to buy Lala, multiple sources said Friday evening. One tip claimed the web-based audio startup not only agreed to a deal quickly but voluntarily offered itself to Apple through iTunes VP Eddy Cue due to short-term doubts about Lala's profitability. Apple itself purportedly sees Lala as a resource grab and is concerned more with getting engineers experienced in streaming music than for the actual Lala service....

Source : http://www.electronista.com/articles/09/12/04/appl...