pandora nyse

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.

Delicious dilemma: Who will buy Yahoo’s faded Web 2.0 star?

Social bookmarking site Delicious, once one of the shining examples of the Web 2.0 renaissance, will not be shutting down. But it will be looking for a new host after Yahoo, its owner since 2005, determined that it was not a strategic fit, according to a blog post by the company.

Cloud gurus say Oracle just doesn’t get the cloud

Flash back to just about two months ago. Larry Ellison, Oracle’s CEO, walked on stage on the first evening of Oracle OpenWorld 2010 and unveiled the Exadata server. It was about three times the size of his speaking podium.

Microsoft’s Ballmer: MSFT will acquire 20 companies a year

Microsoft chief executive Steve Ballmer just said at the Web 2.0 conference here in San Francisco that the software giant will acquire 20 companies a year for the next five years, ranging from $50 million to $1 billion.

Compendia Bioscience, cancer-genomics data miner, leverages the Web for biodata analysis

A number of startups are starting to bring the power of the Web to bear on complex masses of biological data. One of the latest is Compendia Bioscience, an Ann Arbor, Mich., computational biotech that’s focused on mining cancer-genomics data. The company just received a $2.4 million grant from the National Cancer Institute to further development of Compendia’s lead product, a program that combs through and analyzes publicly available data on gene activity in a variety of tumors.

Has smart money abandoned U.S. Web 2.0 companies?

Venture capitalists invested about six percent more into Web 2.0 companies in the first half of 2007, but the increase was attributable to more deals in Europe and Israel.

IBM’s QEDwiki — Web 2.0 widgets for big businesses

For years, web-based software has promised to radically transform the software industry. Cheap, simpler Web tools are much more attractive to corporate customers, compared to antiquated, expensive subscription software.

Inpowr creates a social network for ME

There’s a social networking site for nearly every person, animal, and interest – but what about a social network for the person who matters most? That’s right, a social network for YOU, the proud recipient of Time Magazine’s Person of the Year.

Ignite lights up Web 2.0 Expo

O’Reilly Media’s Web 2.0 Expo kicked off yesterday in San Francisco, with 10,000 attendees from 59 countries. VentureBeat’s Mark Coker took notes from the day.