Media event set for September 9, launch likely ~10 days later.
Source Speaks to Apple's Motivation Behind Lala Acquisition
"Apple buys smaller technology companies from time to time and we generally do not comment on our purpose or plan."While a New York Times article suggested it was primarily a talent acquisition with Apple's interest lying with the engineers, a Reuters source over the weekend suggests Apple is indeed looking towards adding streaming to iTunes:
"Apple recognizes that the model is going to evolve into a streaming one and this could probably propel iTunes to the next level," said the person.The source also stated that Apple was looking into new ways to expand iTunes beyond being a download service for songs.