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'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.