Internet radio streaming company Pandora has announced its latest earning calls for the fiscal year ended February and the numbers are somewhat bleak. The company announced it had made a quarterly loss of 5 cents to the share.
Pandora, however, has registered some striking growth over the same period with listening hours spiking 109% to 8.2 billion hours in the full year with a 99% rise to 2.7 billion hours in the fourth quarter. Active users on Pandora stood at 47 million by the end of the …

Former social networking star MySpace, which saw its user base dwindle to a whisper of its first years and was sold, again, last year to Specific Media for a mere $35 million, this week announced that it has added over 1 million new users in the last 30 days.
 
MySpace, a social networking website inspired by Friendster, was considered the world’s biggest social networking website in late 2007, early 2008, having logged its 100th million member in August 2006. Facebook soon overtook it …

Spotify users in the U.S. who started using the popular streaming music website on Facebook will have to start paying for the service when their six month trial runs out.
 
Spotify lets music lovers enjoy listening to select tracks or albums with no buffering delay and has been available in Europe since 2008 when it started services there.  Spotify launched in the U.S. just last July then in September integrated its services with Facebook.  Spotify lets members listen to music for free …

“If we allow Facebook and Twitter to be cited on air, it’s opening a Pandora’s Box – other social networks will complain to us saying ‘why not us?’” said Christine Kelly, spokeswoman for Conseil Superieur de l’Audio visual (CSA), France’s independent audio video regulatory authority, to explain why the agency has banned the use of the words “Facebook” and “Twitter” on air, unless it is on an ‘information basis’.

Kelly said because there has been such frequent …