Check out the hottest news in mobile IT for Friday, 10/25.
Proving big data has uses beyond spying on customers in order to peddle goods and such, Pandora is seizing market share by delivering what customers want without peeking into their personal lives to do it.
Pandora Media has named digital advertising veteran Brian McAndrews as CEO, president and chairman, effective immediately. McAndrews takes over for Joe Kennedy, who announced his resignation in March.
Pandora Media reported first-quarter fiscal 2014 revenues of $125.5 million, a 55 percent year-over-year increase fueled by the continued growth of the streaming music service's mobile advertising efforts. Losses nevertheless widened to $28.6 million from $20.2 million during the year-ago period as content costs jumped 48 percent to $82.9 million.
Pandora is extending its partnership with Facebook with the launch of its new Timeline App, which allows registered users to publish their music listening activity to their Facebook Timeline.
Google is poised to unveil a subscription-based streaming music service rivaling platforms like Spotify and Pandora.
WASHINGTON--Pandora's primary focus for growth is now mobile, with over 75 percent of total listening hours coming from mobile or other connected devices.
Apple is expected to complete a streaming music licensing agreement with Universal Music Group as soon as next week, The Verge reports.
Mobile publishers like Facebook, Twitter, Pandora and The Weather Channel are rapidly gaining control of the U.S. mobile display advertising market, ending years of dominance by ad networks like Google, Millennial Media and Apple, research firm IDC reports.
Subscription-based and free Internet radio services like Pandora and Spotify accounted for 23 percent of average weekly music listening time among U.S. consumers between the ages of 13 and 35 during the fourth quarter of 2012, up from 17 percent in the year-ago period thanks to increasing mobile engagement, according to a new NPD Group report.