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Pandora Raises IPO Target to $140 Million
San Francisco - Personalized streaming music service Pandora this week filed with the Securities and Exchange Commission (SEC) to raise nearly $142 million in...
Hackers Hit Sony Again; Data on 50,000 Consumers Stolen
Los Angeles - A hacker group that targeted the PBS website over the weekend and said it would next attack Sony has apparently made...
Apple Adds Universal to iCloud; Will Pay Labels $100-$150MM
Cupertino, Calif. - Apple (NASD: AAPL) has signed a deal with Universal Music to license songs for its forthcoming cloud-based storage and streaming iCloud service,...
Copyright Suit Against CNET Claims Six Infringed Works
San Francisco - A copyright infringement lawsuit targeting CNET Networks for its distribution of LimeWire file-sharing software service accuses the company of infringing just...
SoundCloud Integrates Music Sharing via Tumblr Blogs
Los Angeles - Music-sharing platform SoundCloud announced on Wednesday that it has partnered with blogging platform Tumblr, to allow users to share audio files...
CBS Set to Re-Launch MP3.com for New, Unsigned Acts
London - CBS plans to re-launch its MP3.com domain at the end of this month, Music Week reports.
The company acquired the site, which was...
Apple Confirms "iCloud" Service to be Introduced Next Month
Cupertino, Calif. - Apple (NASD: AAPL) confirmed on Tuesday that it will indeed introduce a cloud-based service, "iCloud," at the company's upcoming Worldwide Developers Conference...
Billboard: Lady Gaga Album First Week Sales to Top 1.15 Million
Los Angeles - Fueled by a 99-cent full album download promotion by Amazon.com, first-week sales of Lady Gaga's new album "Born This Way" are...
IFPI Sues to Force Finnish ISP Elisa to Block The Pirate...
Helsinki, Finland - An Internet service provider in Finland has been sued by music industry entities, which are asking a court to compel the...
Pandora Posts Financial, Subscriber Details Ahead of IPO
San Francisco - Streaming music service Pandora, which has filed to raise $100 million in an initial public offering (IPO), posted a net loss...
