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Shares of music streaming leader Pandora Media soared 12% on Thursday after it released its quarterly results. Yes, it posted a loss. And, yes it also posted a slight dip from last quarter. However, it's all about expectations, and Pandora beat those handily.

Prerecorded music has been a fading industry for years, and herding struggling labels together will only make it that much easier to identify the remains. And there aren't too many people mourning major labels' passing.

There was a time when you cared about music: You made mix tapes, went to concerts, called radio stations; you bought vinyl, CDs, cassettes, 8-track tapes -- some of you even bought MP3s! And though the traditional music business is as good as dead, the music lover in all of us lives. That's where streaming comes in. Here's what you need to know, as a listener and an investor.

There's a new threat on the horizon for Internet radio leader Pandora: Facebook has plans to partner with music streaming service Spotify. The good news for Pandora is that Spotify isn't online in the U.S. yet. They won't compete head to head for years. But when they do, what might it do to Pandora's stock value?

Is iTunes Ping, the latest in music-based social media, nothing more than an excuse by Apple to get students to spend more? In September, Apple announced iTunes Ping -- a new social media network for people who like music. It's an experiment similar to Lala.com, the music store website that was...

Here's news from the business world and other money matters to watch out for Friday (last updated at 7:09 a.m. Eastern time): New 'Tech Titans' Emerge: Economic downturns typically breed innovation in the business world. Given the depth of the Great Recession, it's no surprise then that a whole...

As the U.S economy emerges from recession, a new crop of start-ups is blooming. From microblogging to social gaming and genetic testing, DailyFinance takes a look at 10 companies that stand a chance of becoming the tech leaders of the next decade.