Companies might soon predict where and when you want to go, activities you want to do and what food you want to eat — an effort by in-car tech providers to make sure drivers get the most out of travel time.
In a year SXSW was criticized for its heavy corporate sponsorship, Oakland-based Pandora’s appearance in Austin was a way for the company to reach out to its growing user base.
The Oakland-based Internet radio company reported its most profitable quarter since its 2011 public offering.
CEO of Pandora Media Inc., Joseph Kennedy, announced Thursday that he will be stepping down from his position. This on a day when the Oakland-based company beat analyst’s expectations for its fourth fiscal 2013 quarter.
Founder Tim Westergen calls it “an effort to balance the reality of royalty costs with our desire to maximize access to free listening on Pandora.”
How does Pandora categorize 10,000 songs each month? Do experts endorse video games for young children? What’s the connection between high school, Stanford and 49ers football? Listen now.
In a growing landscape of digital music services and internet radio providers, Pandora’s Music Genome Project remains the core of its service. Twenty-six analysts categorize thousands of songs.
Pandora’s fiscal fourth quarter earnings results failed to meet expectations.
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.