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(Image from article: "Pandora Slides; Report Facebook To Launch Music Service")

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Pandora Slides; Report Facebook To Launch Music Service

Pandora shares are trading sharply lower Wednesday after CNBC reported that Facebook plans to unveil plans for a rival online music service at the upcoming F8 developers conference on September 22. My colleague Nicole Perlroth notes this morning that Facebook is expected to unveil integration partnerships with the online music services Spotify, MOG and RDIO. ...

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File-Sharing Pioneers Now Selling Music

The founders of the file-sharing site, Kazaa, will unveil a venture, Rdio, which will allow users to stream and store music on a range of mobile phones.

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