Pandora Media raises outlook as more people tune in

(Reuters) - Online streaming music service Pandora Media Inc reported better-than-expected revenue and raised its full-year guidance as more people tuned in. The stock climbed 13 percent in extended trading after closing at $10.33 on Wednesday. "We are making excellent progress on all fronts - consumer adoption continues at an extraordinary pace," Pandora Chief Executive Joe Kennedy said in an interview with Reuters. Pandora raised its full-year revenue outlook to a range of $420 million to $427 million from a previous forecast of $410 million to $420 million. ...

Incredibly wealthy Silicon Valley exec arrested for complicated high-tech Lego theft at Target
Was it compulsion, a desire to beat the system, or just pure greed? Authorities — and indeed, the public at large — are struggling to understand the "why" behind a complicated theft scheme where wealthy Silicon Valley executive Thomas Langenbach … Continue reading →

NetApp's shares tumble on weak 1Q forecasts
Shares of NetApp Inc. tumbled in aftermarket trading Wednesday after the data storage management system maker forecast a disappointing fiscal first quarter, citing "increasing uncertainty" in the global economy.

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HP to cut 27,000 jobs to save up to $3.5B annually

Hewlett-Packard Co. plans to cut 27,000 jobs as the growing popularity of smartphones, the iPad and other mobile devices makes it tougher for the company to sell personal computers.

Lyrid Meteor Shower of 2012
The Lyrid meteor shower peaks Saturday night and Sunday morning, April 21-22. It's a relatively small shower -- 20 shooting stars per hour -- but a new moon should mean darker skies and better seeing.