Satellite radio network SiriusXM said Friday it will invest $480 million in internet radio leader Pandora, forging a union between two companies that have operated on parallel tracks.
The move comes amid rapid changes in the music business as Pandora, which has seen its model lose ground to on-demand online platforms such as Spotify, last month appealed for buyers.
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Facebook users will soon be able to buy tickets directly as the social networking giant expands further into e-commerce, company officials said.
Facebook will in the coming weeks connect to ticketing leaders Ticketmaster and Eventbrite, which will offer an option to buy tickets for selected US events listed on the networking site.
Eventbrite said on Tuesday it would provide aRead more