Apple to Shut (reinvent?) Lala

Lala Shut by AppleIn December, gas tanks of Apple watchers got a surprise dose of high octane when reports surfaced the company was buying online music service Lala. Some immediately speculated that Apple had plans to create a "cloud" friendly iTunes. Others chimed in on the possibility of Apple using Lala’s intellectual property and license relationships to offer an iTunes music subscription package.

Now, just a few months removed, rumor engines are spinning again on news Apple will shut down the public face of Lala’s services a week before the start of Apple’s World Wide Development Conference.

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