Showing posts with label pandora. Show all posts
Showing posts with label pandora. Show all posts

Thursday, June 16, 2011

PANDORA'S IPO CLOSES 9 PERCENT UP


Pandora, the internet radio company, became the latest web company to go public Wednesday in what has become a full-blown IPO gold rush.

After pricing its shares at $16, Pandora’s [P] stock opened at $20 and then immediately soared to $26, an increase of more than 60 percent. In mid-day trading, the company’s shares had fallen below $20, closing at $17.42, up 9 percent over its opening price.

Like several of its web IPO brethren, Pandora currently loses money. But that didn’t stop the company from raising $235 million at the $16 offering price, well higher than expected range of $10-$12 per share. At the offering price, Pandora was valued at $2.6 billion.

Friday, June 3, 2011

TENNESSEE MAKES IT ILLEGAL TO SHARE YOUR PASSWORD TO MEDIA SITES


One of the perks of having a friend with a Pandora, Rhapsody, or Netflix account is that if they’re really nice to you they may share their password, giving you free access to movies and music. Of course, these companies don’t advertise this as an option, for obvious reasons, but a new law passed in Tennessee is actually making it illegal to share your password. The consequences for being caught are pretty scary.

The bill, initiated by none other than the Recording Industry Association of America, has been approved by the Tennessee governor. The goal of the bill is aimed at stopping the billions of dollars lost in illegal music sharing. RIAA executive president of public policy Mitch Glazier told the AP that the bill is a “necessary protective measure as digital technology evolves.” He said the music industry has seen its domestic revenue fall from $15 billion to $7 billion in the past 10 years.

The RIAA says the bill was geared more towards hackers who sell passwords in bulk, but admits it could be used against people using a friend or relative’s password. The punishment for stealing $500 or less of entertainment would be a misdemeanor and up to a year in jail, as well as a $2,500 fine. Anything higher than $500 would be a felony with more serious penalties.

The RIAA hopes this bill will spread to other states but targeted Tennessee first because of Nashville’s ties to the music industry. It seems that most people sharing passwords within the same house, say between spouses, would be safe. However, if you’re sharing your Netflix password with 10 of your friends, you may be getting more than a slap on the wrist soon.

Friday, April 8, 2011

PANDORA APP SENDS GENDER, BIRTH DATE AND LOCATION INFO TO AD SERVERS


According to an analysis done by the folks at Veracode, Pandora seems to be sharing more information about you then it lets on. More specifically, they found that the Android app (they haven't yet gotten around to the iOS version) "appears" to be sending information about users' birth date, gender, Android ID and GPS location to various advertising companies -- bits of information that the firm notes could be combined to determine who someone is, what they do for a living, and even who they associate with. For its part, Pandora is simply declining to to comment at the moment, and we're guessing that's unlikely to change anytime soon given the federal grand jury investigation into privacy issues with apps.

Tuesday, January 4, 2011

TOYOTA LAUNCHES NEW IN-CAR ENTERTAINMENT SYSTEM


Toyota is joining the in-car computer adventure with "Entune," their own take on the apps and smartphone integration game a la Ford Sync. The first apps look solid, but will they be the first to allow user-installed apps?

The first set of apps look like pretty standard (if welcome) fare: Pandora, Bing search, MovieTickets.com. There's even Open Table support to let you book a reservation at a local restaurant as you're driving there.

There's even voice recognition, although that's a feature that's been available to some degree in Toyota's for several years. It also sounds like Toyota will be pulling data for the system via your smartphone's data plan, much like Ford has done with Sync, negating the need for a car-only data plan like some upscale marques have required.

All in all it's a welcome addition for the world's largest car maker—or one-of...I can never keep track of who's on top these days—but the key to any of these sort of systems is how easy they are to operate when you're on the go. Initial screenshots are clean and simple, but it will be impossible to pass judgement until we get a chance to actually try Entune in action. [Gizmodo]


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Wednesday, December 1, 2010

GROOVESHARK TO TRIPLE VIP PRICING TODAY


Grooveshark is a grey market music streaming service.  Like Pandora they offer a music streaming service, however unlike Pandora they do not pay royalties on the music they offer.

Grooveshark offers a free stream supported by advertising and an ad-free VIP tier.  The VIP tier currently priced at $3 per month. Starting today, December 1st, the price will triple to $9 per month.

Grooveshark VIP will become Grooveshark Anywhere and its benefits will remain the same (no ads, streaming to desktop and mobile apps, etc.), and a new option dubbed Grooveshark Plus will emerge that brings all of Anywhere’s benefits minus the mobile streaming. So, if paying for music without being certain that your favorite artists are being supported floats your boat, definitely jump on board before tomorrow and you’ll be grandfathered into the $3 rate until you stop paying — or until Grooveshark goes under. [BGR]


Monday, October 4, 2010

GOOGLE ANNOUNCES 10 MORE PARTNERS FOR GOOGLE TV

Google has announced more partners for it's soon to be released Google TV streaming service. Turner Broadcasting, NBC Universal, HBO, the NBA, Amazon, Pandora, Napster, Netflix, The New York Times, and USA Today will all have content that is optimized for viewing via Google’s internet connected set-top box.  Like all streaming services currently available, not all the providers content will be made available.

Want to know what Google TV will look like?  Check out the video below.

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