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 17 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. ...
Mammoth 'Butchered' by Ancient Man A young woolly mammoth, found remarkably well preserved in the tundra in Siberia, may have been attacked by lions -- but scientists say there are signs it was then butchered by ancient humans.
  On The Call: HP CEO Meg Whitman Hewlett-Packard Co. expects to reduce its annual expenses by as much as $3.5 billion after cutting 27,000 jobs, or about 8 percent of its work force, within the next two-and-half years. Can Windows 8's Apps Beat the iPad's? USA Today, American Airlines, Slacker and others have made beautiful Windows 8 apps.
  Europe weighs on NetApp's outlook, stock slumps SAN FRANCISCO (Reuters) - NetApp Inc on Wednesday forecast revenue below Wall Street's expectations and its chief executive warned of uncertainty in Europe, sending the data storage equipment maker's shares down 18 percent in after-hours trade. The day before, Dell Inc posted disappointing quarterly results that heightened concerns about cautious IT spending, sending tech stocks sharply lower. "The EMEA (Europe, Middle East, Africa) story is one of uncertainty. We could be seeing a rebound or we could be seeing a strong degradation from there," CEO Tom Georgens said in a telephone interview. ... News Summary: Hewlett-Packard to cut 27,000 jobs
THE CUTS: Hewlett-Packard Co. plans to cut 27,000 jobs. The reductions will affect about 8 percent of HP's nearly 350,000 employees by the time the overhaul is completed in October 2014.
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