Rdio is shutting down, Pandora to acquire its technology for $75 million

Rdio Music for iPhone and iPad

Rdio, one of the popular music streaming service has filed for Chapter 11, seeking protection in the United States Bankruptcy Court. “Upon approval of the proposed transaction by the bankruptcy court, Rdio will be winding down the Rdio-branded service in all markets,” said the company. Rdio launched its services in India earlier this year after acquiring Dhingana, India’s popular online music streaming service back in March last year. Continue reading “Rdio is shutting down, Pandora to acquire its technology for $75 million”