Rumours circulating about new Spotify and We7-challenging service

Apple are allegedly set to announce plans to launch an online music streaming service similar to Spotify soon.

The computing company are set to make an announcement at the San Francisco Apple World Wide Developers Conference on June 7, where it is thought they will reveal their plans for a rival service, reports technology site Electricpig.co.uk.

After buying out music streaming site lala.com, and with plans to close it down fully on May 31, there has been speculation that Apple will integrate lala.com‘s functionality with their own iTunes service.