apple

SoundCloud to cut 40% of Staff to Remain Independent

SoundCloud to cut 40% of Staff to Remain Independent

SoundCloud Ltd. announced on Thursday that it is cutting nearly 40 percent of its staff and closing its offices in San Francisco and London.The move comes as larger rivals in the streaming industry, like Spotify Ltd. and Apple Inc. (NASDAQ: AAPL), a..

Pandora Stock Rises with Rumors of CEO Possibly Resigning

Pandora Stock Rises with Rumors of CEO Possibly Resigning

Tim Westergren, CEO and co-founder of Pandora Media Inc. (NYSE: P), will stay with the company until his replacement is found.Pandora shares rose 4.5 percent to $8.65 on Monday morning due to the news of Westergren’s imminent departure. A..

Tesla Reportedly Venture into the Music Streaming Business

Tesla Reportedly Venture into the Music Streaming Business

Tesla Inc. (NASDAQ: TSLA) maybe venturing into a new direction. According to a report published a tech news site, Recode, the electric car manufacture is considering launching its own streaming music platform.Music industry sources claimed that..

Tech Stocks On Upswing, S&P 500, Dow Reach Peak Highs

Tech Stocks On Upswing, S&P 500, Dow Reach Peak Highs

Technology stocks pushed up US stock exchanges on June 19 after a choppy performance during the third week of June. The Standard and Poor 500 went up 0.8 percent to reach new peak highs. Technology stocks led the upsurge, rising 1.4 percent. The DJI..