Hands on: iTunes Match isn’t yet ready for prime time

Apple launched its anticipated iTunes Match music service yesterday, two weeks after the company initially said it would release it. Most likely, the debut was delayed to address bugs, but Apple should have waited longer to fix more issues because it isn’t yet ready for the spotlight treatment.

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Will Zynga fare better than Pandora, Groupon in its IPO?

Zynga, the game developer behind smash hits FarmVille and CityVille, is the most profitable Web 2.0 company that has filed to go public this year. If this year’s track record with IPOs is any indication, Zynga’s IPO could easily crush every other Web 2.0 company once it makes its debut.

Best Buy Cloud

Best Buy reveals cloudy ambition with Music Cloud

Electronics retailer Best Buy announced the launch of its own cloud-based music service for the U.S. today, dubbed Music Cloud. The new service will let users register and stream their music libraries for on-the-go listening through iOS, Android, and BlackBerry devices.

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Show's over: Pandora skids in second day of trading

Share prices of online radio service Pandora skidded in its second day of public trading on the New York Stock Exchange (NYSE), falling nearly 25 percent from its closing price on Wednesday. Shares are now trading at a price below the company’s initial public offering price of $16.

Pandora ups IPO price, valued nearly $2B

Online radio station Pandora increased the share price for its initial public offering today, bringing the company’s valuation to nearly $2 billion, according to a recent filing with the Securities and Exchange Commission.

Online radio Pandora claims valuation of $1.3B

Online radio station Pandora has priced its shares between $7 and $9 in its upcoming initial public offering on the New York Stock Exchange (NYSE) — giving the cloud music company a valuation of nearly $1.3 billion, according to an updated S-1 filing with the Securities and Exchange Commission.

Apple reaches cloud music deals with Sony, EMI, Warner — Universal in the works

After months of rumor and speculation, it looks like Apple has finally succeeded in bringing music labels on board with its upcoming cloud music service. So far, Apple has struck deals with Warner Music Group, EMI and Sony, and it is also finalizing negotiations with Universal, according to a Bloomberg report.

Apple’s cloud music service might crush the competition

Amazon and Google got their cloud music services started before Apple. But Apple seems to be outshining the competition again with its cloud service — at least according to what’s been reported so far. It’s been making deals with record companies –- a move that makes using the cloud services much more consumer-friendly. Users would not have to upload their music library to the cloud before using the service.

Amazon Cloud Drive doesn’t spook competing investors

Amazon might have grabbed a first-mover advantage by beating Apple and other companies to the punch with a web-based music storage and streaming service — but it wasn’t enough to floor investors in the same way companies like Apple have done in the past with these kinds of announcements.

Cloud music service mSpot heads to the iPhone

mSpot, the service that lets you upload music to the web from your computer and listen from Macs, PCs, and Android phones, has finally made its way to the iPhone today.