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Tech Five: Pandora shares flat off Rdio deal


Pandora shares are flat Tuesday following its acquisition of Rdio, while Angie's List stock is getting hammered early.

Let's look at tech stocks to watch Tuesday:

Pandora. The streaming media company confirmed it acquired the assets of subscription service Rdio for $75 million. Pandora has dropped hints it could offer a subscription-based music service similar to Spotify and Apple Music.

Angie's List. Shares sunk nearly 8% after the company rejected an acquisition proposal from IAC/InterActiveCorp claiming it "dramatically undervalues" the company. IAC's all-cash offer valued Angie's List at $8.75 a share.

PayPal. Activist investor Carl Icahn dropped his stake in eBay and picked up an equal amount of shares in the digital payments company, according to filings with the Securities and Exchange Commission. PayPal completed its spinoff from eBay earlier this year.

Twitter. Users may not only have a heart to express their opinion of a tweet. The social media company is testing other emoji reactions to tweets including multiple facial expressions. Earlier this month, Twitter replaced the Favorite with Like, represented by a heart.

Salesforce.com. The cloud computing giant reports third quarter results after the markets close Wednesday. Analysts project revenue of $1.7 billion with earnings of 19 cents a share.

Follow Brett Molina on Twitter: @brettmolina23.