Apple Is Now in the Streaming Music BusinessS

The New York Times is reporting that Apple's agreed to buy the music streaming service LaLa, according to "a person with knowledge of the deal." Apple's now in the streaming music business.

Interestingly, the Times says that LaLa went to Apple to be acquired, and what Apple's after is LaLa's engineers, with their cloud service-y brains.

Apple's official response is that they "buy smaller technology companies all the time, and we generally do not comment on our purpose or plans." Hmmm. [NYT]

Previously: NY Times reporter Brad Stone says that Apple has agreed to acquire the streaming music service LaLa as rumored, and the NYT is currently updating their story.