Apple is pressing ahead with an overhaul of its digital music services to compete directly with Spotify, the NYT reports.» Read More
Check out which companies are making headlines after the bell Thursday:
Take a look at some of Thursday's midday movers:
Volatile trading in stocks and bonds could continue as investors sort out what's going on with the Fed and whether markets have come to some sort of inflection point.
ZenoRadio takes advantage of a loophole in the Telecommunications Act of 1996 to provide a radio service to mostly immigrant customers.
Cloud computing remains a major secular trend in technology, but investors may not fully appreciate the benefits for Amazon and Google.
Bullish momentum should drive stocks higher into the week ahead, with all eyes on a speech by Fed Chairman Bernanke.
Take a look at some of Friday's midday movers:
Hedge fund managers and investment gurus have to notify the SEC about their moves every quarter. Investors pore over this data in the belief the big fish have special insight.
Stocks regained their footing in choppy trading Wednesday, with the Dow and S&P 500 closing at a fresh high, but a sharp decline in Apple kept a lid on the Nasdaq's gains.
The world's top search engine announced the music streaming service, which has built-in features to help users discover new music, at its annual developers conference in San Francisco.
Google has reportedly signed licensing deals with Universal Music and Sony Music to launch a subscription music service that would compete with fast-growing start-up Spotify.
Take a look at some of Tuesday's midday movers:
Twitter has finally launched its long-awaited music app, with CNBC's Julia Boorstin and Rich Tullo, Albert Fried & Company.
Former News Corp President Peter Chernin bid around $500 million for Hulu, the online-video streaming service he helped create in 2007, according to two sources with knowledge of Hulu's sale process.
Facebook is unveiling a new Android product Thursday, as a fast-growing number of its 1.06 billion users access it on smartphones and tablet computers.
The music industry at the center for the battle for consumers—Twitter, Apple, and Google's YouTube all are reportedly working on streaming music services, joining the likes of Pandora and even Microsoft.
Spotify founder Daniel Ek thinks we're entering a "Golden Age" for music and culture. Even better, a Nielsen report suggests music fans are willing pay to enjoy it.
Stocks finished higher across the board Friday with the Dow setting a new record high and all three major averages up more than 2 percent for the week, boosted by a stronger-than-expected monthly government payrolls number.
Pandora reported better-than-expected earnings, and the CEO said it was leaving after 9 years with the company, reports CNBC's Julia Boorstin; and James Marsh, Piper Jaffray senior research analyst, weighs in.
Pandora CEO Joseph Kennedy says he will remain the top executive until a replacement is found, reports Julia Boorstin.