Glu Mobile (GLUU) announced its intention to offer shares of its common stock in an underwritten public offering. Canaccord Genuity is acting as the sole book-running manager for the offering. Co expects to use the net proceeds from the offering for working capital and other general corporate purposes, which may include growing its third-party publishing business, further investment in the GluOn games-as-a- service technology platform and the acquisition of, or investment in, companies, technologies, products or assets that complement Glu's business.
 Qualcomm (QCOM) announced that its Board of Directors has approved, effective immediately, a new $5.0 billion stock repurchase program. This replaces the prior $5.0 billion stock repurchase program announced on March 5, 2013, at which time we had also announced a 40 percent increase in the quarterly cash dividend. Since July 24, 2013, the Company repurchased ~40.1 million shares of common stock for ~$2.7 billion. The new stock repurchase program has no expiration date.
 Pandora Media ( P) announced that its Board of Directors has appointed Brian McAndrews, formerly of Madrona Venture Group, Microsoft and aQuantive, to succeed Joe Kennedy as Chief Executive Officer, President and Chairman, effective immediately. In addition to his work at Madrona, McAndrews currently serves on the boards of The New York Times Co., Grubhub Seamless and AppNexus. Today's announcement concludes a transition process that began when Kennedy announced his decision to retire in March 2013.
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