Pandora Media Inc.

Spotify nears deal to raise $400 mln, valuing it at $8.4 billion: WSJ

Spotify AB is nearing a deal to raise $400 million, valuing the music streaming service provider at $8.4 billion, the Wall Street Journal reported, citing people familiar with the matter.

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Apple strikes a new chord in the future of music

More than a decade ago, the late Steve Jobs pulled one of his trademark reality distorting maneuvers, browbeating music label executives into selling songs on Apple Inc's then-nascent iTunes digital store for a mere 99 cents apiece.

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What to Watch in The Day Ahead on Thursday

Bank of America CEO Brian Moynihan and Federal Reserve Board Governor Jerome Powell will be among bank executives and regulators speaking at an industry conference in New York hosted by The Clearing House Association, which represents interests of the biggest commercial banks.

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Hedge funds tune into Pandora, discard Apple in Q3

Hedge funds including Philippe Laffont's Coatue Management and Patrick McCormack's Tiger Consumer Management both opened stakes in Pandora of about 1.1 million and 2.9 million shares, respectively, U.S Securities and Exchange Commission filings showed.

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Pandora announces new CEO

Pandora Media announced that it has hired a new executive on board the company to help boost the company's ad sales and profit.

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