Update 1:32 p.m. PST to include some of the reasons sources say Apple is interested in Lala.
Apple is close to acquiring digital-music service Lala, according to two sources with knowledge of the discussions.
Talks are very advanced, the sources said Friday. One said that the sides have already agreed on terms and have only to sign a final agreement. (Update 6:21 p.m. PST: The New York Times and Wall Street Journal are reporting that Apple and Lala have struck a deal.)
Steve Dowling, Apple's spokesman, said the company doesn't comment on rumors and … Read more