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(Image from article: "Pandora Slides; Report Facebook To Launch Music Service")

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Pandora Slides; Report Facebook To Launch Music Service

Pandora shares are trading sharply lower Wednesday after CNBC reported that Facebook plans to unveil plans for a rival online music service at the upcoming F8 developers conference on September 22. My colleague Nicole Perlroth notes this morning that Facebook is expected to unveil integration partnerships with the online music services Spotify, MOG and RDIO. ...

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Apple Upgrades iPod Lineup and Apple TV

Apple on Wednesday introduced a social media service geared to music lovers that is built into iTunes, revamped its lineup of iPods and unveiled an upgraded version of its set-top box.

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