Oct 23- Pandora Media Inc reported a lower-than-expected increase in the number of people tuning in to its Internet radio in the third quarter, sending its shares down 4 percent in extended trading. The company posted an adjusted profit of 9 cents per share, on revenue of $239.6 million. Analysts on average were expecting a profit of 8 cents per share on revenue of...» Read More
Spotify wants to make sure you never again hear a great song on the radio and then run down to the local record shop, or onto iTunes, to buy it.
June 9- Analog Devices Inc said it would buy Hittite Microwave Corp in a deal valued at $2 billion to strengthen its radio frequency and signal conversion chip offerings. Analog will pay $78 per share in cash, which represents a premium of about 29 percent to Hittite's Friday close of $60.56 per share.
June 9- Chipmaker Analog Devices Inc said it would buy Hittite Microwave Corp in a deal valued at $2 billion to strengthen its radio frequency and signal conversion chip offerings. Analog will pay $78 per share in cash, which represents a premium of 28.8 percent to Hittite's Friday close of $60.56 per share.
May 29- Analog chipmaker Avago Technologies Ltd reported a 25 percent rise in quarterly revenue, helped by higher demand for its radio frequency chips used in smartphones. The company's net income increased to $158 million, or 61 cents per share, in the second quarter from $113 million, or 45 cents per share, a year earlier.
LONDON, May 10- Britain is ready for "hard negotiation" to ensure Pfizer sticks to specific promises on jobs and science under the U.S. drugmaker's proposed takeover of AstraZeneca, its finance minister said. "I think it would be extraordinary not to engage with AstraZeneca or Pfizer," George Osborne told BBC radio on Saturday.
*Apple reportedly close to deal for Beats Electronics. *Apple Inc is close to paying a record $3.2 billion for Beats Electronics, two people with knowledge of the matter said, an expensive foray into music streaming and headphone gear. Apple shares slipped 0.7 percent to $583.91 while Internet radio provider Pandora Media Inc lost 2.5 percent to $64.52.
*Two years after election, Hollande says should have acted more decisively. *Radio listeners challenge him over unemployment, taxes. PARIS, May 6- France's most unpopular president in decades said on Tuesday he had some regrets and understood voters had doubts at a time of crisis- and pledged to respond by accelerating reforms to put the country back on track.
NEW YORK, May 6- Six-month-old new media site Ozy is jumpstarting its distribution and has struck a partnership with U.S. nonprofit radio network NPR. Ozy plans to capitalize on NPR's reach online with its more than 20 million monthly unique visitors- more than four times Ozy's online audience- to help more people see its content on NPR's home page.
UK GOVT MINISTER DAVID WILLETTS SAYS PFIZER MOVED A LONG WAY ON UK COMMITMENTS, BUT DEAL A MATTER FOR ASTRAZENECA SHAREHOLDERS- BBC RADIO.
BEIJING, April 28- Hong Kong shares finished down 0.4 percent on Monday, with index heavyweight Tencent the biggest drag as investors worried that a clampdown on online video might affect its revenue. Shares in Tencent fell 2.9 percent, after China's State Administration of Press, Publication, Radio, Film and Television banned four popular U.S.
The market loves Pandora's growth story but it doesn't make money, says Dennis Berman Wall Street Journal business editor & columnist, weighing in on Pandora's market share, as consumer usage ticks up from a year ago. CNBC's Jon Fortt provides insight.
Sirius XM Radio and Charter Communications might have been partners in broadband, but they look better apart without Time Warner Cable.
Discussing Pandora's stock drop due to a slump in listener metrics and competition in the Internet radio space, with Michael Pachter, Wedbush Secuities senior analyst, and Peter Kafka, Re/code.
Radio frequency chipmakers RF Micro Devices will buy peer TriQuint Semiconductor for about $1.6 billion in an all-stock deal to create a company that could better compete in selling chips to mobile-handset makers.
AT&T will offer a subscription to Beats Music in a package that gives as many as five family members unlimited streaming and song downloading.
Pandora cannot work without a "lot more advertising," SiriusXM CEO Jim Meyer told CNBC. "The competition for me has always been free" radio, he continued.
Bob Pittman, Clear Channel chairman & CEO, discusses how his partnership with Warner Music will take radio and the music industry to the next level.
Sirius XM was slapped with a hefty lawsuit today by a small non-profit group that collects music royalties. David Hirsch, Metamorphic Ventures, discusses the impact this may have on other Internet music services.
CNBC's Julia Boorsitn talks with Mike Herring, Pandora CFO, about his thoughts on yesterday's flash freeze at the Nasdaq, and his plans to compete with Apple's iTunes Radio.
The alt-rock band's David Lowery says one of his songs would have to be played 1 million times on Pandora to earn him $16.29.