Pandora stock plummets after Q4 results fall short of expectations
Pandora’s fiscal fourth quarter earnings results failed to meet expectations.
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Business & Money
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Meru leaderships’ stock buys may be first steps toward company sale
Over the past month, the three top directors at Sunnyvale’s Meru Networks have been on a buying spree, which could signal that the wireless LAN company is positioning itself for a sale.
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Sunnyvale wireless provider Meru Networks posts fourth quarter losses
With the announcement of its fourth quarter net losses, the wireless local area network provider continues to trail behind competitors, including Cisco Systems, Inc., and Aruba Networks, Inc.
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Shutterfly SEC filing may hint at merger or relocation
The Redwood City-based photo-publishing company quietly made potentially revealing changes to its employment agreements with top executives indicating the company may move or be purchased.
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Amidst digital gaming push, EA loses staff to Zynga and other Valley companies
Zynga is dominating social gaming with Farmville on Facebook – and poaching employees from longtime Silicon Valley game maker Electronic Arts. EA is trying to catch up with games like Sims Social.
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Medical technology startups face funding and FDA approval challenges
Biotech startup founders gathered at Stanford Tuesday for Entrepreneurship Week. They advised student entrepreneurs about funding challenges, FDA approval and how to build products that will make a difference in the medical world.
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European startup incubators look to Silicon Valley for inspiration, funding
London and other European cities are trying to replicate Silicon Valley’s startup culture, but according to Reshma Sohoni, co-founder the largest European startup incubator, the United States still leads the way.
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Venture capitalists look for ‘the next big thing’ at Stanford entrepreneurship event
Silicon Valley angel investors and venture capitalists gave feedback to Stanford students pitching startup ideas Tuesday at the Stanford Graduate School of Business. Entrepreneurial alumni include Nike’s Phil Knight and investor Charles Schwab.
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Pandora paying hefty sums for music royalties
While Pandora’s music-streaming listener base is growing, analysts say that expensive music royalties threaten the company’s bottom line. Pandora relies on advertising for 88 percent of its revenues.
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