Posts Tagged ‘Facebook Credits’

Apple Acquires

December 7, 2009

Apple has confirmed that it has acquired streaming music service shortly after the company admitted that it was unlikely to reach profitability in the near future, despite having some big players backing it up.

The word that Apple has managed to pick up LaLa (and apparently has managed to do so for a shockingly low sum, if rumours are to be believed) has come as something of a shock, given that the company had essentially been on something of a winning streak. LaLa had, in a month, become the service powering some fairly massive different entries to the web-based music department.