LaLa.com bought by Apple

Back in October I mentioned Apple was looking into LaLa.com's app.

NYTimes.com announced Apple bought Lala apparently for the talent:

This person said Apple would primarily be buying Lala’s engineers, including its energetic co-founder Bill Nguyen, and their experience with cloud-based music services.

Lala’s engineers have built a service that music enthusiasts say is very easy to use. Lala scans the hard drives of its users and creates an online music library that matches the user’s collection, making it painless (and free) for people to get their music in the cloud.

From Bloomberg:

An acquisition of Lala may signal that Apple is more interested in creating a subscription service, Kenswil said.