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Pandora Media Shares Plunge 21% On Rumored Apple Rivalry

Shares of online radio broadcaster Pandora Media Inc. (NYSE: P) plunged nearly 21 percent on reports that Apple (Nasdaq: AAPL), the world's most valuable technology company, would launch a competitive service as early as next quarter.
Spotify for iPad

Spotify Goes Mobile, But Profits Remain Elusive

Streaming music service Spotify Ltd. launched a mobile radio feature on Tuesday that connects to Apple Inc.'s (Nasdaq: AAPL) ubiquitous iPhones and iPads, encroaching on the turf of online radio provider Pandora Media Inc. (NYSE: P).

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