First the New York Times rankles Facebook and then they release a new feed redesign; technology is making people richer, though not as many billionaires; Time runs out for Time Inc.; some VCs have problems & Spotify has more new competition; and a few stories we recommend.
Pandora’s CEO Joe Kennedy is leaving the company after a fiscal quarter that saw both growing revenue and big losses. Kennedy will stay on until a successor is named.
Pandora, the streaming music company wants to replace the traditional radio with its Internet-based music service. And in order to do that, it is embedding itself into many devices and in cars that would come with built in Internet connectivity, CEO Joe Kennedy said recently.