Jun 26, 2017

Pandora CEO Tim Westergren will reportedly step down

AP Photo/Richard Drew, file

Pandora co-founder and CEO Tim Westergren plans to step down from the job, according to a report from Recode, which cited anonymous sources. Westergren will likely remain until the online radio streaming company finds a replacement, Recode said.

  • Westergren took over as Pandora CEO last year from then-chief Brian McAndrews. Westergren was CEO of Pandora from 2002 to 2004 as well. A Pandora representative declined to comment to Axios on the report.
  • Earlier this month, SiriusXM agreed to make a $480 million minority investment into Pandora and will get three seats on Pandora's board of directors, including chairman. The deal effectively killed a $150 million investment by KKR into Pandora, which the radio company decided to back out of (though it paid KKR $22.5 million as a break-up fee).
  • Pandora has struggled to keep up with the rise of music streaming services like Spotify and Apple Music.

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Queen Elizabeth addresses U.K. amid coronavirus crisis: "We will meet again"

In a rare televised address on Sunday, Queen Elizabeth II urged the United Kingdom to respond to the coronavirus pandemic with the "self-discipline" and "resolve" that have defined the British people in moments of crisis.

Why it matters: It's just the fifth time that the queen, who traditionally speaks to the nation once a year on Christmas Day, has addressed the British people in this way during her 68-year reign.

Go deeperArrow7 mins ago - World

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 1 p.m. ET: 1,237,420 — Total deaths: 67,260 — Total recoveries: 252,944Map.
  2. U.S.: Total confirmed cases as of 1 p.m. ET: 312,762 — Total deaths: 9.132 — Total recoveries: 15,044Map.
  3. Public health latest: CDC launches national trackers and recommends face coverings in public. Federal government will cover costs of COVID-19 treatment for uninsured. Surgeon general says this week will be "our Pearl Harbor, our 9/11 moment."
  4. 2020 latest: "We have no contingency plan," Trump said on the 2020 Republican National Convention. Biden says DNC may have to hold virtual convention.
  5. States updates: New York Gov. Andrew Cuomo said the state "literally going day-to-day" with supplies.
  6. Work update: Employees still going to work face temperature checks, distanced work stations, protective devices and mass absences.
  7. What should I do? Pets, moving and personal health. Answers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk.
  8. Other resources: CDC on how to avoid the virus, what to do if you get it.

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Cuomo says New York is "literally going day-to-day with our supplies"

New York Gov. Andrew Cuomo said in a press conference on Sunday that New York is struggling to maintain medical supplies while combatting the novel coronavirus — operating "literally" on a "day-to-day" basis.

Why it matters: New York City has become an epicenter of the coronavirus outbreak, facing mass quarantines and stay-at-home orders. Cuomo said Saturday that New York reported 630 new deaths in 24 hours — an "all-time increase" that beat the previous day's record of 562 deaths.