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# AM News: Facebook Tests ‘Happening Now’, Pandora IPO Bump, Sony Hack Arrests, PledgeMusic & More
- URL: https://www.hypebot.com/am-news-facebook-tests-happening-now-pandora-ipo-bump-sony-hack-arrests-pledgemusic-more/
- Published: 2011-06-10T00:23:00.000Z
- Updated: 2011-06-10T00:23:00.000Z
- Description: Facebook has begun testing "Happening Now", a new feature displaying at-a-glance a list of what their friends are sharing, who they are adding as friends and displaying checkin notifications in. Continue reading [https://www.hypebot.com/hypebot/2011/06/am-news-facebook-tests-happening-now-pandora-ip
- Author: Bruce Houghton
- Tags: Uncategorized, #wp, #wp-post, #Import 2026-01-21 10:55

**[![HypebotFavicon](http://hypebot.typepad.com/.a/6a00d83451b36c69e2014e890b09c2970d-50wi "HypebotFavicon")](http://hypebot.typepad.com/.a/6a00d83451b36c69e2014e890b09c2970d-popup?ref=hypebot.com) Facebook** has begun **testing "Happening Now**", a new feature displaying at-a-glance a list of what their friends are sharing, who they are adding as friends and displaying checkin notifications in **real-time**. ([TMW](http://thenextweb.com/facebook/2011/06/10/facebook-begins-testing-new-real-time-happening-now-feed/?ref=hypebot.com))

- **Pandora bumps IPO price** from $10 – $12 based on early investor interest. ([AllThingD](http://allthingsd.com/20110610/pandora-thinks-investors-like-what-they-hear-bumps-up-ipo-price/?ref=hypebot.com)) The company's value is now pegged at $1.9 billion.
- Spain **arrests 3** alleged in **Sony hacking** case. ([Mashable](http://mashable.com/2011/06/10/anonymous-hacker-suspects-arrested/?ref=hypebot.com))

**MORE:**

- EU based **fan funding platform PledgeMusic is expanding to the U.S.** Randy Sabiston, formerly SVP at publisher S1 Songs, is the new Pledge managing director for North America.
- **CBS Radio launches personalized radio service** in direct competition to Pandora using the Last.fm platform. ([FMQB](http://www.fmqb.com/article.asp?id=2208600&spid=1314&ref=hypebot.com))
- **Borders.com cuts prices** sitewide, bringing them in line with Amazon. ([paidContent](http://paidcontent.org/article/419-borders.com-cuts-prices-sitewide-bringing-them-in-line-with-amazon/?ref=hypebot.com))
- Did The **Recording Industry Really Step Back From Three Strikes?** Or Is It Playing Word Games? ([Techdirt](http://www.techdirt.com/articles/20110607/14543914594/did-recording-industry-really-step-back-three-strikes-is-it-playing-word-games.shtml?ref=hypebot.com))
- **Ringback tones a failure** in the United States – but why? ([Fierce Mobile](http://www.fiercemobilecontent.com/special-reports/ringback-tones-failure-united-states-why?ref=hypebot.com))
- **Universal Music Group Distribution** has promoted **[Mike Jakary](http://www.universalmusic.com/corporate/universal-music-group-distribution-umgd-promotes-mike-jakary-to-vice-president-label-and-f?ref=hypebot.com)** to Vice President of Label and Field Marketing.