Posted Oct. 26, 2012 at 6:34 a.m.

Premium Lock Apple eyes own music service; Pandora shares take hit

Published: 2012-10-26 06:34:57
Updated: 2012-10-26 06:34:57

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Pandora IPO Pandora indicated it would raise $100 million with an initial public offering stock, according to documents filed by the music company on Friday.

Apple has intensified talks with major music labels to start an advertising supported streaming-radio competitor to Pandora Media Inc. by early next year, according to people with knowledge of the negotiations. told Bloomberg news....

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