Jobs is keenly aware of the digital transition from PC to cloud centric programs and services. It’s imperative Apple lead in this transition or risk ceding leadership in media to others such as Amazon, Real, Microsoft, Yahoo, etc. Lala will help Apple protect their media franchise from encroachment by accelerating their cloud efforts. iTunes users can expect mobile iTunes in 2010.

Jeffrey Deitch has developed a reputation for giving his artists unheard of budgets and benefits to create their work. Couldn’t he hand the gallery over to one of his three gallery directors? Are the beautiful spaces on Grand and Wooster doomed to be converted into fancy boutiques? Why must commerce and art always be so awkward around one another?