Amazon Cloud-player

Amazon finally gives the iPhone a Cloud Player music app

It’s no secret that Amazon’s business strategy involves growing its digital media sales, which it has done by undercutting MP3 music download prices on iTunes. But Amazon’s streaming music strategy, kicked off by its Cloud Player release last year, has left iPhone users out in the cold until now.

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.

Amazon reboots 99¢ Lady Gaga album deal, “this time we’re ready”

If you somehow managed to miss out on Amazon’s 99-cent deal for Lady Gaga’s newest album on Monday, fear not. Amazon is now offering “Born This Way” for a buck again today — and this time, the company says its servers won’t collapse under the onslaught of rabid music fans.

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.