Reuters - Big Tech Tests the Waters of the Music Stream
Technology giants Apple, Google and Amazon are furiously maneuvering for position in the online music business and looking at ways to make streaming profitable, despite the fact that pioneer Pandora has never made a profit, Reuters wrote Friday. It has been more than a decade since the iPod heralded the revival of Apple and presaged the smartphone revolution. Streaming service Pandora is spending freely and racking up losses to expand globally. Even social media stalwarts Facebook and Twitter are jumping on the bandwagon.
22 March 2013•6 mins read
