MERCURY NEWS -- Mar 7 -- A Palo Alto start-up is launching a service that is a mix of social networking, Internet swap meet and music store. It's MySpace.com meets eBay meets iTunes. Lala.com opens this summer. (The company is offering 1,000 early memberships at www.lala.com/invite/sj beginning at 6 a.m Tuesday.) Lala.com has $9 million from Bain Capital Ventures and Ignition Partners, presents itself as an online music co-op that allows members to trade CD.
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