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EdgeSpring springs out of stealth, with $11 million in venture capital in tow

Thu, 16 May 2013 13:57:45 -0400

Google Set to Unveil Latest Products and Services

Wed, 15 May 2013 03:12:00 -0400

DailyFinance.com: Paul Sakuma/AP By MICHAEL LIEDTKE SAN FRANCISCO -- Google is expected to use its annual software developers' conference to showcase the latest mobile devices running on its Android software, while also unveiling other features in its evolving ... Read more

Short Sellers Move on Zynga, Retreat from eBay

Fri, 10 May 2013 13:41:44 -0400

Among the social media players, eBay (NASDAQ: EBAY), Groupon (NASDAQ: GRPN) and Zynga (NASDAQ: ZNGA) saw the biggest swings in short interest between the April 15 and April 30 settlement dates.

Other social media companies based in the United States that also saw the number

Short Interest Swings in eBay, Facebook & Google

Thu, 25 Apr 2013 14:10:11 -0400

Among the social media players, eBay (NASDAQ: EBAY), Facebook (NASDAQ: FB) and Google (NASDAQ: GOOG) saw big swings in short interest between the March 28 and April 15 settlement dates.

Other social media companies based in the United States that also saw the number of

This is why Apple wants to launch iRadio

Tue, 16 Apr 2013 13:04:02 -0400

People still buy a lot of music downloads, and most of them use iTunes to do so. That's why Apple is now building its own streaming service.

This is why Apple wants to launch iRadio

Tue, 16 Apr 2013 13:04:02 -0400

People still buy a lot of music downloads, and most of them use iTunes to do so. That's why Apple is now building its own streaming service.

How Apple's iRadio Could Take Over the World of Music

Sun, 14 Apr 2013 12:08:15 -0400

Apple (NASDAQ: AAPL) is reportedly on the cusp of a significant agreement with at least one major record label.

The first deal involves Universal Music Group, one of the most prominent labels within the industry. Warner Music could sign after that, leaving Apple to woo Sony (NYSE:

Big Short Interest Swings in eBay, Facebook, Yelp

Wed, 10 Apr 2013 13:25:26 -0400

eBay (NASDAQ: EBAY), Facebook (NASDAQ: FB) and Yelp (NYSE: YELP) saw big upswings in short interest between the March 15 and March 28 settlement dates

Other social media companies based in the United States that also saw the number of shares sold short rise

Pandora Surpasses 200 Million Registered Users, 140 Million Access Via Mobile

Tue, 09 Apr 2013 09:11:20 -0400

Pandora has just announced that its online streaming radio has quite a few listeners. In fact, the company has surpassed 200 million registered users in the U.S. That's up from 100 million registered users in July of 2011, meaning that around half of Pandora's users have come over in the past two years, despite the fact that Pandora launched all the way back in 2005. Slow and steady wins the race, eh?

Panasonic Automotive buys streaming radio firm Aupeo

Mon, 08 Apr 2013 08:00:26 -0400

The deal - the financial terms of which remain a mystery - is important for both the connected industry and the Berlin start-up scene, which has long been holding out for a big exit.

Short Interest Swings in Social Media Stocks (FB, GOOG, GRPN)

Wed, 27 Mar 2013 11:35:41 -0400

Short sellers piled on to Groupon (NASDAQ: GRPN) in the wake of the ouster of the company's chief executive officer.

Short interest for these other social media companies based in the United States also rose between the February 28 and March 15 settlement dates: Angie's List (NASDAQ:

Can't Keep Up With All the Apple Product Rumors? Here You Go!

Mon, 25 Mar 2013 13:56:31 -0400

The phrase, “You can’t tell the players without a score card” probably originated in the late 1800s with baseball vendors trying to hawk their 5-cent player lists to fans.

The words live on, often used in business to help identify the “players” which can range from executives to products.

Enter, Apple

Pandora Makes Its Windows Phone 8 Debut, Gives Users Ad-Free Music Through The End Of The Year

Thu, 21 Mar 2013 09:16:21 -0400

Spotify and Rdio have already made their mark (for better or worse) on Windows Phone 8, but that doesn’t mean there isn’t room in the Windows Phone Store for another claimant to the streaming music throne. Nearly five months after it was publicly announced, Pandora has just officially pushed its native Windows Phone 8 app out into the wild.

Short Interest Swings in Social Media Stocks (FB, GRPN, LNKD)

Tue, 12 Mar 2013 15:20:37 -0400

Short sellers continued to pile on to Facebook (NASDAQ: FB), Google (NASDAQ: GOOG), Pandora (NYSE: P) and Zynga (NASDAQ: ZNGA) between the February 15 and February 28 settlement dates.

But they shied away from other social media companies based in the United States

Spotify hits 6 million paid users as market for music streaming heats up

Tue, 12 Mar 2013 11:13:20 -0400

A report shows that music subscription service Spotify continues to grow at a rapid pace. The growth validates Spotify's business model but is also inviting a growing cluster of rivals.

Spotify hits 6 million paid users as market for music streaming heats up

Tue, 12 Mar 2013 11:13:20 -0400

A report shows that music subscription service Spotify continues to grow at a rapid pace. The growth validates Spotify's business model but is also inviting a growing cluster of rivals.

Rdio expands global footprint, Spotify reportedly extends free mobile offering

Mon, 11 Mar 2013 20:00:48 -0400

Rdio is coming to Austria, Ireland, Italy and four other countries. Spotify, meanwhile, plans to offer free mobile radio around the world.

Rdio expands global footprint, Spotify reportedly extends free mobile offering

Mon, 11 Mar 2013 20:00:48 -0400

Rdio is coming to Austria, Ireland, Italy and four other countries. Spotify, meanwhile, plans to offer free mobile radio around the world.

Stocks Gain for Sixth Day on Strong Jobs Growth

Fri, 08 Mar 2013 11:20:00 -0500

DailyFinance.com: By STEVE ROTHWELL NEW YORK (AP) - A burst of hiring in February pushed stocks higher on Wall Street. The Dow Jones industrial average gained 67.58 points, or 0.5 percent, to 14,397.07. The index surpassed its previous record close Tuesday and ... Read more

Market Minute: Banks Pass Fed Stress Tests -- All But Ally

Fri, 08 Mar 2013 04:00:00 -0500

DailyFinance.com: Produced by Drew Trachtenberg The Dow rose another 33 points yesterday to its third straight record high. The S&P 500 added 2 points, and the Nasdaq gained 9. The bull market is about to enter its fifth year. The Dow bottomed out on March 9, 2009, ... Read more

Pandora Chairman and CEO to step down, search for successor begins

Thu, 07 Mar 2013 17:35:46 -0500

Pandora's CEO Joe Kennedy is leaving the company after a fiscal quarter that saw both growing revenue and big losses. Kennedy will stay on until a successor is named.

Pandora Chairman and CEO to step down, search for successor begins

Thu, 07 Mar 2013 17:35:46 -0500

Pandora's CEO Joe Kennedy is leaving the company after a fiscal quarter that saw both growing revenue and big losses. Kennedy will stay on until a successor is named.

Pandora’s Long-Time CEO Joe Kennedy Abruptly Steps Down, Just As It Starts Making Money Mobile

Thu, 07 Mar 2013 17:24:42 -0500

Hot on the heels of a relatively strong quarter for the streaming music service, Pandora has announced that its long-time CEO and President, Joe Kennedy, will be stepping down. In a statement this afternoon, Pandora said that he will "continue in his current role until his successor is named." Kennedy, who has been at the helm of the streaming music service since July 2004 and helped take the company public, and led it to a platform that now has over 67 million monthly active listeners. Pandora today has over 8 percent of total U.S. radio listening market share.

Pandora Shares Jump 18% After Better-Than-Expected Earnings, Mobile Revenue Up 111% To $80.3M

Thu, 07 Mar 2013 16:31:21 -0500

Veteran streaming radio platform Pandora released its fourth quarter earnings today, in which it saw its fiscal 2013 revenue of $427.1 million, representing a 56 percent year-over-year increase, and fourth quarter revenue of $125.1 million, an increase of 54 percent year-over-year. In turn, mobile revenue for the fourth quarter grew 111 percent year-over-year to $80.3 million.

Pandora Media CEO Joe Kennedy Resigns as Company's Results Beat Expectations

Thu, 07 Mar 2013 13:07:00 -0500

DailyFinance.com: Pandora Media CEO Joe Kennedy says he will step down as head of the streaming music company. (Justin Sullivan, Getty Images)By Malathi Nayak SAN FRANCISCO -- Pandora Media said on Thursday it plans to replace CEO Joseph Kennedy, and that it has ... Read more

5 Stocks to Watch This Week: Disney, Pandora, Taxes, Staples, and Facebook

Mon, 04 Mar 2013 08:03:00 -0500

DailyFinance.com: From the country's leading social networking website introducing a new site redesign to the leading digital music service explaining why it's capping usage, there will be plenty of news waiting to break in the coming days. Let's go over some of the ... Read more

Music Sales Are Growing Again as Streaming Trumps Piracy

Mon, 04 Mar 2013 03:45:00 -0500

DailyFinance.com: The music industry isn't dying after all. The International Federation of the Phonographic Industry revealed last week that global recorded music revenue rose an estimated 0.3 percent last year to $16.5 billion. The marginal uptick may not seem ... Read more

Short Sellers Rush Back in to Certain Social Media Stocks (EBAY, FB, ZNGA)

Fri, 01 Mar 2013 12:54:58 -0500

While short sellers generally shied away from social media companies based in the United States in late January, they came rushing back to certain stocks in the first two weeks of February.

The number of shares sold short in Angie's List (NASDAQ: ANGI), eBay (NASDAQ: EBAY),

5 Winners and Losers of the Week in Business

Fri, 01 Mar 2013 08:17:00 -0500

DailyFinance.com: From a free music website that's trying to encourage more of its users to pay to an energy drink maker that trying to win back its good name, here's a rundown of this week's big winners and losers in the business world. J.C. Penney (JCP) -- ... Read more

Pandora caps monthly free tunes on mobiles to 40 hours

Thu, 28 Feb 2013 10:52:03 -0500

Addicted to Pandora's free music service on your mobile phone? If the music cuts out, here's why: Mobiles will be capped at 40 hours per month although you can pay a buck to keep on rockin'.

Pandora Resurrects Its 40-Hour (Monthly) Limit On Free Music, But This Time It’s Capping Mobile Usage

Wed, 27 Feb 2013 17:00:14 -0500

As it struggles to deal with rising royalty costs, streaming radio service Pandora is bringing back an old idea by capping free monthly usage at 40 hours. The company previously limited free desktop usage to 40 hours per month, but it lifted the cap in September 2011. CEO Joe Kennedy suggested that Pandora's mobile business is in a similar position to its desktop business a few years ago — it needs to make more money. At the same time, Kennedy said his goal is still to offer free music to everyone.

Short Sellers Shy Away from Social Media Stocks (EBAY, FB, ZNGA)

Tue, 12 Feb 2013 15:50:30 -0500

By and large, the short interest in social media companies based in the United States dwindled in the latter two weeks of January.

The short interest in Angie's List (NASDAQ: ANGI), eBay (NASDAQ: EBAY), Facebook (NASDAQ: FB), Google (NASDAQ: GOOG), Groupon (NASDAQ:

5 Biggest Winners and Losers of the Week in Business

Fri, 08 Feb 2013 09:30:00 -0500

DailyFinance.com: It's been a colorful week in the world of business, from a social network's accidental hijacking spree to the timely rescue of a fading PC giant, and pink slips being passed out at a colorful animation studio. Here's a rundown of this week's biggest ... Read more

Can You Make Money in Music?

Fri, 18 Jan 2013 06:00:11 -0500

Connected consumer fourth-quarter 2012 analysis

Wed, 16 Jan 2013 17:25:02 -0500

In the fourth quarter, the traditional pay-TV industry began to show signs of severe internal stresses after having held off the immediate challenge of over-the-top video. Meanwhile the music industry fell into an internal battle over performance royalties.

Music site This Is My Jam could spin out from Echo Nest

Sun, 13 Jan 2013 08:00:40 -0500

A year after it launched as a skunkworks project inside music data company The Echo Nest, trendy social music site This Is My Jam is "looking at options" for going independent — as well as getting ready to launch some fun new site exploration features.

Music site This Is My Jam could spin out from Echo Nest

Sun, 13 Jan 2013 08:00:40 -0500

13 Stocks to Avoid in 2013

Mon, 07 Jan 2013 05:40:00 -0500

DailyFinance.com: According to billionaire super-investor Warren Buffett, the first rule of investing is: "Don't lose money." (And the second rule of investing is... "Don't forget rule No. 1.") With these cautions in mind, we've surveyed the stock markets to come up ... Read more

5 Things to Watch When the Market Reopens

Tue, 25 Dec 2012 02:00:00 -0500

DailyFinance.com: The financial markets are closed for the Christmas holiday, but when trading resumes on Wednesday, here's what's likely to help shape the rest of the week on Wall Street. 1. Attack of the Holiday Gift Cards. With Christmas shopping and other ... Read more

How consumer media will change in 2013

Thu, 20 Dec 2012 02:55:50 -0500

Many of the biggest stories in the connected consumer space occurred mostly offstage in 2012, from Apple's new media services to policymakers in Washington. Overall, the past 12 months have laid important groundwork for significant advances in the connected consumer space. The year 2013 should be eventful.

Pandora Internet Radio Launches Fully In Australia And New Zealand With Mobile Apps For iOS And Android

Mon, 10 Dec 2012 16:55:32 -0500

Pandora has fully launched in Australia and New Zealand, the only two places outside of the U.S. where the service is available in its entirety, with the addition of mobile access via iOS and Android apps today. Previously, the service was available in a limited form in both countries thanks to a web-only access trial, but now smartphone users can get in on the action.

Why Pandora Will Never Be Great Again

Fri, 07 Dec 2012 01:00:00 -0500

DailyFinance.com: It isn't easy making a living streaming music to freeloaders these days. Shares of Pandora Media (P) took a hit on Wednesday after the leading online music service provider posted alarming guidance for the new quarter. The company's fiscal third ... Read more

Pandora founder: Spotify “not fundamentally competitive” with radio peer

Thu, 06 Dec 2012 15:12:48 -0500

As Spotify and Pandora both look to achieve dominance in internet music streaming, Pandora founder TIm Westergren said Thursday at Stanford's campus that he sees the two companies as offering fundamentally different products, even as Spotify looks to compete.

What the Last.fm founders did next: scrobble the web

Tue, 04 Dec 2012 06:00:58 -0500

Last.fm 'scrobbled' your music tastes in order to recommend tunes you may not have heard. Co-founders Felix Miller and Martin Stiksel, who have since moved on, reckon their new service, Lumi, can do the same for general web content.

5 Things to Watch This Week: Disney, Dividends, Pandora, Big Lots and Wii

Mon, 03 Dec 2012 07:51:00 -0500

DailyFinance.com: Let's go over some of the items that will help shape the week that lies ahead on Wall Street. 1. Cracking Open Pandora's Box: There's no denying Pandora's (P) popularity. The company behind the popular music streaming service closed out the month of ... Read more

Pandora Rising On Audience Rankings, Canaccord Note

Thu, 29 Nov 2012 15:17:23 -0500

Shares of Pandora (P) were recently rising 7% in afternoon trading on news that its offerings ranked well in comScore Media Metrix’s new multimedia audience measurement system. The new system assesses audience size and demographics for websites, mobile device apps and online video; in September, Pandora ranked 23rd in Internet audience across all platforms, with [...]

Cowen Initiates Coverage On Almost Everything; Likes AMZN, GOOG

Wed, 28 Nov 2012 11:54:57 -0500

Cowen & Co’s John Blackledge has been busy, with eight new coverage notes on Amazon (AMZN), eBay (EBAY), Google (GOOG), IAC/InterActiveCorp. (IACI), LinkedIn (LNKD), Netflix (NFLX), Pandora (P) and Yahoo (YHOO). However, Amazon and Google are the only two names that merit Outperform ratings; the rest are Neutral. Here are his brief thoughts on each: [...]

Pandora’s Business Model Woes

Wed, 28 Nov 2012 06:00:15 -0500

7 stories to read this weekend

Sat, 24 Nov 2012 03:00:04 -0500

Reporting in Mexico is a tough job that can get you killed. In Hollywood, you don't know who is reading your email. And why do indie musicians hate Pandora and Spotify? These and more stories are on my recommended list of stories to read this weekend.

Pandora releases Android app update with lyrics and social features

Thu, 15 Nov 2012 23:04:50 -0500

Pandora's Android users don't have to wait any longer for features that were rolled out on iOS last month: The new Pandora Android app brings social sharing, activity feeds and lyrics to Android-based mobile phones. An Android tablet app is planned for a future release date.