Aol’s new online radio service is powered by pros, not your friends

Aol Radio has relaunched. With all the buzz around super-social music apps like Spotify and Turntable.fm, you’d think the company would have jumped on that trendy bandwagon. But the new Aol Radio will be powered by Slacker Radio. While there will be some social integrations in a few months, social media is not a primary source of data for an programmatic, algorithmic approach to serving up songs.

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.