Earlier today we covered rumors that Apple was in talks to acquire streaming music service Lala . Now New York Times tech reporter Brad Stone has tweeted that it's a done deal. He writes, "Apple has acquired digital music startup Lala. Now updating our story". You can find the NYT story here . This could be bad news for Lala users. It's unlikely that the innovative deals negotiated by Lala will survive through the acquisition. For over a year, Lala users have been purchasing the rights to stream their music an unlimited number of times for ten cents per song. If the deals with the music labels go up in smoke, Lala may lose the right to stream those songs. In other words, all the money users have been spending on web songs may go down the drain. If the deals are nullified, hopefully Apple will renegotiate them to at least cover existing purchases until it releases its own streaming music service. We've reached out to Lala but have yet to hear back. Ea...
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