Alex Pham

contributing editor

contributing editor

Pandora Narrows Losses, Forecasts Full-Year Profit

Pandora Narrows Losses, Forecasts Full-Year Profit

Aided by a surge in mobile advertising, Pandora posted stronger than expected revenue of $194.3 million its first quarter, up 69% from a year ago. Losses narrowed to $28.9 million, down from $38.7 million a year earlier. The Internet radio company also said it expects to turn a profit for the full year.
Apple Shares Surge on Earnings, Dividend Boost

Apple Shares Surge on Earnings, Dividend Boost

Apple Inc., whose fortunes remain under a microscope three and a half years after the death of its founder Steve Jobs, surprised Wall Street on Wednesday with higher than expected revenue and an announcement that it will boost its dividend, initiate a one to seven stock split and buy back even more of its own shares.
Beats Music Adds In-App Purchasing for iOS

Beats Music Adds In-App Purchasing for iOS

Beats Music is giving listeners on iOS devices the ability to subscribe to its on-demand service directly within the app, a move that requires the company to pay Apple $3 a month for every subscriber that uses iTunes to pay their monthly $10 fee.

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