According to the Los Angeles Times, Apple is asking record labels for exclusive iTunes releases. The "Fast Money" traders take their positions.» Read More
Take a look at some of Wednesday's midday movers:
Jon Steinberg, BuzzFeed president & COO, discusses the possibility of Spotify going public and weighs in on the Netflix "juggernaut."
A Spotify job posting adds to speculation that the Swedish start-up is preparing for a share listing.
STOCKHOLM, Feb 17- Online music streaming service Spotify is recruiting a U.S. financial reporting specialist, adding to speculation that the Swedish start-up is preparing for a share listing, which one banker said could value the firm at as much as $8 billion.
The "Fast Money" traders share their final trades of the day.
Streaming-music services are growing, and so are the battles between artists, record labels and technology companies over royalty streams.
Happy Thursday. Don't forget to register your nonfarm payroll guess (for amusement only).
Some of the names on the move ahead of the open.
Pandora Media reported higher revenue and profit for the quarter ending in December but said that costs to grow its audience are rising.
Twitter and Walt Disney among the headlines after the bell Wednesday.
Pandora will report earnings after today's closing bell. Shebly Seyrafi, FBN Securities tech research analyst, and Rich Tullo, Albert Fried & Co. senior financial analyst, debate how to play the stock.
They say the future depends on what you do today. And Microsoft is clearly getting ready for its future.
Traders await Friday's jobs report and watch emerging markets to see if the selloff can be contained.
Internet and social media stocks ripped higher Thursday, sparked by Facebook's outstanding quarterly earnings report.
Talking Squawk, the "Squawk Box" blog, provides tidbits, insights and sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME.
Blues Traveler's lead singer told CNBC's "Kudlow Report" that he's fine with what Internet-radio services pay. Here's why.
Backed by $60 million in investment, Beats Music's library has all the songs you'd ever want to hear. But can the new streaming service stand out from the crowd?
Microsoft said it would buy cloud-based software maker Parature, which helps businesses manage help desks and provide other customer support services.
Jan 7- Microsoft Corp said it would buy cloud-based software maker Parature Inc, which helps businesses manage help desks and provide other customer support services. Microsoft did not disclose the terms of the deal.
Web radio provider Pandora should have a banner year as it expands into more cars in 2014, RBC's Mark Mahaney told CNBC on Monday.