There had been earlier reports that Apple was starting their own streaming music service to compete against the likes of Rdio, MOG and Rhapsody. But anonymous industry sources are telling the Financial Times that Apple has no plans to “cannibalise” their iTunes download service, and that the technology they acquired in their 2009 purchase of Lala will be used for “insurance”. More »
It’s clear that Apple’s bound for the cloud, but as a company known for withholding features until they’re just right, many questions remain. Boy Genius reports that a massive cloud push, including wireless syncing and streaming media, is coming soon. More »
MediaMemo throws more cold water on the idea that Apple shutting down Lala at the end of the month means a streaming iTunes.com is coming anytime soon, though they’re talking to labels right now about a “web-based” iTunes. More »
Reader Aaron Vader has sent us an email announcing that Lala.com will shut down on May 31. If you are a Lala user, your credits will be converted to iTunes credits. Does that mean that streaming iTunes.com would launch soon? More »
Google’s looking intently at Catch Media, a little company that works on making media cross-platform – that is, make it easy to play music, videos and other media on any hardware or platform. More »
Apple isn’t going to use LaLa to launch a subscription service, a “variety of insider sources” have told the founder of MP3.com. It’s exactly what we speculated: Storing your iTunes library in the cloud and access it from anywhere. More »
