[Reuters] Pandora falls on report that Apple in talks for Internet radio

Posted by: UGN Security

[Reuters] Pandora falls on report that Apple in talks for Internet radio - 10/25/12 04:42 PM

(Reuters) - Shares of online streaming music service Pandora Media closed down 12 percent on a report that Apple Inc was in serious talks with major music labels to start an advertising-supported internet radio service by early next year.