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Apple and Google have both picked up multiple smaller companies in recent years, and even some larger ones like Motorola, and both can afford to grab more. It can be hard to keep straight who bought what when, but this graphic should set things straight. Read more »

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A startup called Color has raised a whopping $41 million from a group of funds including Sequoia Capital. Is the company’s photo-sharing app worth that much? Probably not. The funding is likely just a bet that the team involved will eventually come up with something worthwhile. Read more »

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The tech industry has a new favorite sport: guessing who Apple will buy with its $50 billion-plus cash hoard. Since October 18, when Steve Jobs mentioned the company was keeping its powder dry for possible deals, speculation over potential Apple acquisitions has run rampant and even ... Read more at GigaOM Pro »

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There’s new evidence that Apple will soon begin streaming video to its devices, as it’s reportedly putting more resources behind a cloud-based video service. By transitioning Lala’s employees to work on streaming video, Apple may be readying a new service for delivering movies and TV shows. Read more »

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Apple has a go-to-market problem with respect to the digital living room, but we believe an eventual push into the living room by Apple is both inevitable and necessary. The question for Apple is how to get ... Read more at GigaOM Pro »

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Why shut down Lala if there’s no chance of launching an iTunes.com? Because cloud-based media storage and retrieval is central to Apple’s long-term strategy, and Lala is central to implementing that ... Read more at GigaOM Pro »

Sorry, “web song” buyers: Lala.com now says its service will be shut down on May 31. Whatever Apple is planning to do with Lala, the cloud-based streaming music service it acquired in December, it’s not going to keep the site functioning as it once did. Read more »

Apple’s updated digital music strategy will reverse commitments to desktop software and ownership of music files. Here are five ways its acquisition and integration of Lala reflect a paradigm shift in the way mainstream consumers will listen to music in the coming decade. Read more »

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CNET is reporting Apple is in an “advanced” stage of talks with music service Lala, according to a pair of sources, one of which asserts that terms have already been agreed upon. If so, such a deal could portend big changes in how the iTunes Store […] Read more »

Apple is reportedly on the verge of acquiring streaming music site Lala.com, known for its 10-cent streaming songs and digital music locker service. Terms aren’t being disclosed, but the report implies that an agreement is in place, with only a final sign-off needed. Read more »

Updated to further clarify MySpace’s involvement: Google is set to lift the lid on its new music search system this afternoon, with a party at the Capitol Records building in Hollywood to celebrate the occasion. The product is a lot like what I’d expected: a helpful […] Read more »

Updated with confirmation from Facebook: There’s more than one way to post a song on someone’s Facebook profile — an Imeem link or a YouTube video, to name two. But Lala.com is set to become the first streaming music provider to offer songs as virtual gifts […] Read more »

[qi:005] Earlier today, news emerged that Warner Music Group had taken a $33 million writedown on its investments in startups Lala ($20 million) and Imeem ($15 million). What that means is that Warner music is giving up on these ad-supported digital music startups and moving on. […] Read more »