Via: paidContent

CNET reports Apple (NSDQ: AAPL) wants to “obtain some of Lala’s payment and fulfillment systems” – but that would be pretty underwhelming. With MySpace having taken iLike and imeem off the market, a more interesting idea is that Apple will use Lala to inject some remotely hosted goodness in to iTunes.

Apple has needed to offer some more cloud functionality around iTunes to fend off the rise of streaming services. This year, it approved Spotify’s £9.99-a-month app and Rhapsody’s $12.99-a-month Rhapsody app on its own iPhone. Apple customers are not currently paying that much on its own iTunes Store. [Read More]