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NEWS ABOUT: Pandora

Pandora Shares Soar in IPO

It's the latest in a new wave of Internet coming out parties

(AP) - The shares of popular but unprofitable Internet radio service Pandora soared more than 50% in its market debut. Its shares rose as high as $26 in early trading this morning, up from its offering price of $16 and valuing Pandora Media Inc. at more than $4 billion. That is easily... More »

Pandora Jacks IPO to $161.5M

Betting on LinkedIn-esque investor frenzy

(Newser) - This is getting to be one pricey box to open: Pandora has jacked the price of its hotly anticipated IPO to $161.5 million, reports the New York Post, up from a slightly more modest $109.5 million last week and $100 million in February. The stock market may be... More »

Pandora Eyes $100M IPO

It hasn't ever turned a profit, but why let the details get you down?

(Newser) - Pandora's about to open a new box, reports the LA Times: The Internet radio service filed yesterday for an IPO it hopes will raise $100 million and give it the chance to turn a profit for the first time. Though some 80 million listeners tune in, Pandora is largely free;... More »

Apple Sued for Letting Our Apps Track Us

iPhone, iPad contain identifiers that can't be blocked: suit

(Newser) - Apple allows iPhone and iPad apps to send users' personal info to advertising networks without consent, according to a lawsuit filed last week. The suit says the gadgets contain identifying devices that let these networks track users' app downloads and usage, Bloomberg reports. Some apps also sell information like users'... More »

Pandora Car Stereo Spells Sirius Trouble

New Internet-enabled device threatens satellite radio

(Newser) - Why pay upward of $20 a month for satellite radio in your car when you can get Pandora Internet radio for free? Pioneer unveiled a car stereo at the 2010 Consumer Electronics Show in Las Vegas this week that can detect Pandora Internet radio from iPhones or iPods, prompting observers... More »

5 Sites Keeping You Tuned Into Online Music

Streaming music gets a foothold among listeners

(Newser) - The wide world of online music now offers a range of ways to stream your tunes, from pay sites to musical social-networking services. It’s hard to tell which will stick around, but experts say they may help save the music industry, CNN reports. A sampling:
  • Napster: It’s back
... More »

10 Ways to Replace Overhyped Gizmos

Tech experts list top overrated, underrated products

(Newser) - You can replace your most over-hyped devices with the tech world's top 10 wallflowers, compiled by PC World. Start with the iPhone:
  1. Stop stubbing your fingers on Apple's impractical keyboard interface. Sidekick offers the best QWERTY around.
  2. Nintendo Wii is hard to find and offers few good games. Sony PlayStation
... More »

Royalty Rates May Kill Internet Radio Site

Popular Pandora threatens to pull plug without a new deal

(Newser) - One of America's most popular online radio sites may pull the plug without a new deal on royalty rates, the Washington Post reports. Pandora attracts 1 million listeners a day to create personalized radio stations, but also pays 70% of its revenue in per-song royalties—a fee traditional radio has... More »

Web Radio Takes Fight to Senate

Negotiations have stalled in new royalty plan, they say

(Newser) - Internet radio hangs in the balance, webcasters say, but the Senate Commerce Committee, which holds radio hearings today, can save it by reviving bills setting royalty rates for online broadcasters as low as satellite radio's. Legislators introduced the bills this spring, the Post explains, when the Copyright Royalty Board jacked... More »

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