SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G
                                 (Rule 13d-102)

   INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b),
       (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b)
                                (Amendment No. )*







                                   Jamba, Inc.
--------------------------------------------------------------------------------
                                (Name of Issuer)



                         Common Stock, $0.001 par value
--------------------------------------------------------------------------------
                         (Title of Class of Securities)



                                    47023A101
--------------------------------------------------------------------------------
                                 (CUSIP Number)



                                  May 23, 2008
--------------------------------------------------------------------------------
             (Date of Event which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

     [_]      Rule 13d-1(b)

     [X]      Rule 13d-1(c)

     [_]      Rule 13d-1(d)



* The remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for any  subsequent  amendment  containing  information  which  would  alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).


                                     Page 1




CUSIP No. 47023A101
          -------------------

--------------------------------------------------------------------------------

     1)    Names of Reporting Person

           S.S. or I.R.S. Identification No. of Above Person

                Tudor Investment Corporation
           ---------------------------------------------------------------------
                22-2514825
           ---------------------------------------------------------------------
--------------------------------------------------------------------------------

     2)    Check the Appropriate Box if a Member of a Group (See Instructions)
           (a)
               -----------------------------------------------------------------
           (b)    X
               -----------------------------------------------------------------
--------------------------------------------------------------------------------

     3)    SEC Use Only
                           -----------------------------------------------------
--------------------------------------------------------------------------------

     4)    Citizenship or Place of Organization    Delaware
                                                --------------------------------
--------------------------------------------------------------------------------
                   (5)   Sole Voting Power                    0
                                            ------------------------------------
Number of Shares   -------------------------------------------------------------
Beneficially       (6)   Shared Voting Power          9,147,951
Owned by Each                                 ----------------------------------
Reporting Person   -------------------------------------------------------------
With               (7)   Sole Dispositive Power               0
                                                 -------------------------------
                   -------------------------------------------------------------
                   (8)   Shared Dispositive Power     9,147,951
                                                   -----------------------------
--------------------------------------------------------------------------------
     9)   Aggregate Amount Beneficially Owned by Each
          Reporting Person                                     9,147,951
                                                           ---------------------
--------------------------------------------------------------------------------
    10)    Check if the Aggregate Amount in Row (9) Excludes Certain Shares
           (See Instructions)
                              --------------------------------------------------
--------------------------------------------------------------------------------

    11)    Percent of Class Represented by Amount in Row 9         17.2%
                                                             -------------------
--------------------------------------------------------------------------------

    12)    Type of Reporting Person (See Instructions)     CO
                                                        ------------------------
--------------------------------------------------------------------------------



                                     Page 2



CUSIP No. 47023A101
          -------------------

--------------------------------------------------------------------------------

     1)    Names of Reporting Person

           S.S. or I.R.S. Identification No. of Above Person

                Paul Tudor Jones, II
           ---------------------------------------------------------------------

           ---------------------------------------------------------------------
--------------------------------------------------------------------------------

     2)    Check the Appropriate Box if a Member of a Group (See Instructions)
           (a)
               -----------------------------------------------------------------
           (b)    X
               -----------------------------------------------------------------
--------------------------------------------------------------------------------

     3)    SEC Use Only
                           -----------------------------------------------------
--------------------------------------------------------------------------------

     4)    Citizenship or Place of Organization    USA
                                                --------------------------------
--------------------------------------------------------------------------------
                   (5)   Sole Voting Power                    0
                                            ------------------------------------
Number of Shares   -------------------------------------------------------------
Beneficially       (6)   Shared Voting Power          9,147,951
Owned by Each                                 ----------------------------------
Reporting Person   -------------------------------------------------------------
With               (7)   Sole Dispositive Power               0
                                                 -------------------------------
                   -------------------------------------------------------------
                   (8)   Shared Dispositive Power     9,147,951
                                                   -----------------------------
--------------------------------------------------------------------------------
     9)   Aggregate Amount Beneficially Owned by Each
          Reporting Person                                     9,147,951
                                                           ---------------------
--------------------------------------------------------------------------------
    10)    Check if the Aggregate Amount in Row (9) Excludes Certain Shares
           (See Instructions)
                              --------------------------------------------------
--------------------------------------------------------------------------------

    11)    Percent of Class Represented by Amount in Row 9         17.2%
                                                             -------------------
--------------------------------------------------------------------------------

    12)    Type of Reporting Person (See Instructions)     IN
                                                        ------------------------
--------------------------------------------------------------------------------



                                     Page 3



CUSIP No. 47023A101
          -------------------

--------------------------------------------------------------------------------

     1)    Names of Reporting Person

           S.S. or I.R.S. Identification No. of Above Person

                James J. Pallotta
           ---------------------------------------------------------------------

           ---------------------------------------------------------------------
--------------------------------------------------------------------------------

     2)    Check the Appropriate Box if a Member of a Group (See Instructions)
           (a)
               -----------------------------------------------------------------
           (b)    X
               -----------------------------------------------------------------
--------------------------------------------------------------------------------

     3)    SEC Use Only
                           -----------------------------------------------------
--------------------------------------------------------------------------------

     4)    Citizenship or Place of Organization    USA
                                                --------------------------------
--------------------------------------------------------------------------------
                   (5)   Sole Voting Power              233,337
                                            ------------------------------------
Number of Shares   -------------------------------------------------------------
Beneficially       (6)   Shared Voting Power          9,147,951
Owned by Each                                 ----------------------------------
Reporting Person   -------------------------------------------------------------
With               (7)   Sole Dispositive Power         233,337
                                                 -------------------------------
                   -------------------------------------------------------------
                   (8)   Shared Dispositive Power     9,147,951
                                                   -----------------------------
--------------------------------------------------------------------------------
     9)   Aggregate Amount Beneficially Owned by Each
          Reporting Person                                     9,381,288
                                                           ---------------------
--------------------------------------------------------------------------------
    10)    Check if the Aggregate Amount in Row (9) Excludes Certain Shares
           (See Instructions)
                              --------------------------------------------------
--------------------------------------------------------------------------------

    11)    Percent of Class Represented by Amount in Row 9         17.6%
                                                             -------------------
--------------------------------------------------------------------------------

    12)    Type of Reporting Person (See Instructions)     IN
                                                        ------------------------
--------------------------------------------------------------------------------



                                     Page 4



CUSIP No. 47023A101
          -------------------

--------------------------------------------------------------------------------

     1)    Names of Reporting Person

           S.S. or I.R.S. Identification No. of Above Person

           The Tudor BVI Global Portfolio L.P.
           ---------------------------------------------------------------------

           ---------------------------------------------------------------------
--------------------------------------------------------------------------------

     2)    Check the Appropriate Box if a Member of a Group (See Instructions)
           (a)
               -----------------------------------------------------------------
           (b)    X
               -----------------------------------------------------------------
--------------------------------------------------------------------------------

     3)    SEC Use Only
                           -----------------------------------------------------
--------------------------------------------------------------------------------

     4)    Citizenship or Place of Organization    Cayman Islands
                                                --------------------------------
--------------------------------------------------------------------------------
                   (5)   Sole Voting Power                    0
                                            ------------------------------------
Number of Shares   -------------------------------------------------------------
Beneficially       (6)   Shared Voting Power          2,305,761
Owned by Each                                 ----------------------------------
Reporting Person   -------------------------------------------------------------
With               (7)   Sole Dispositive Power               0
                                                 -------------------------------
                   -------------------------------------------------------------
                   (8)   Shared Dispositive Power     2,305,761
                                                   -----------------------------
--------------------------------------------------------------------------------
     9)    Aggregate Amount Beneficially Owned by Each
           Reporting Person                                    2,305,761
                                                           ---------------------
--------------------------------------------------------------------------------
    10)    Check if the Aggregate Amount in Row (9) Excludes Certain Shares
           (See Instructions)
                              --------------------------------------------------
--------------------------------------------------------------------------------

    11)    Percent of Class Represented by Amount in Row 9          4.3%
                                                             -------------------
--------------------------------------------------------------------------------

    12)    Type of Reporting Person (See Instructions)     PN
                                                        ------------------------
--------------------------------------------------------------------------------



                                     Page 5



CUSIP No. 47023A101
          -------------------

--------------------------------------------------------------------------------

     1)    Names of Reporting Person

           S.S. or I.R.S. Identification No. of Above Person

           The Raptor Global Portfolio Ltd.
           ---------------------------------------------------------------------

           ---------------------------------------------------------------------
--------------------------------------------------------------------------------

     2)    Check the Appropriate Box if a Member of a Group (See Instructions)
           (a)
               -----------------------------------------------------------------
           (b)    X
               -----------------------------------------------------------------
--------------------------------------------------------------------------------

     3)    SEC Use Only
                           -----------------------------------------------------
--------------------------------------------------------------------------------

     4)    Citizenship or Place of Organization    Cayman Islands
                                                --------------------------------
--------------------------------------------------------------------------------
                   (5)   Sole Voting Power                    0
                                            ------------------------------------
Number of Shares   -------------------------------------------------------------
Beneficially       (6)   Shared Voting Power          6,778,747
Owned by Each                                 ----------------------------------
Reporting Person   -------------------------------------------------------------
With               (7)   Sole Dispositive Power               0
                                                 -------------------------------
                   -------------------------------------------------------------
                   (8)   Shared Dispositive Power     6,778,747
                                                   -----------------------------
--------------------------------------------------------------------------------
     9)    Aggregate Amount Beneficially Owned by Each
           Reporting Person                                    6,778,747
                                                           ---------------------
--------------------------------------------------------------------------------
    10)    Check if the Aggregate Amount in Row (9) Excludes Certain Shares
           (See Instructions)
                              --------------------------------------------------
--------------------------------------------------------------------------------

    11)    Percent of Class Represented by Amount in Row 9         12.7%
                                                             -------------------
--------------------------------------------------------------------------------

    12)    Type of Reporting Person (See Instructions)     CO
                                                        ------------------------
--------------------------------------------------------------------------------



                                     Page 6



CUSIP No. 47023A101
          -------------------

--------------------------------------------------------------------------------

     1)    Names of Reporting Person

           S.S. or I.R.S. Identification No. of Above Person

           The Altar Rock Fund L.P.
           ---------------------------------------------------------------------
           06-1558414
           ---------------------------------------------------------------------
--------------------------------------------------------------------------------

     2)    Check the Appropriate Box if a Member of a Group (See Instructions)
           (a)
               -----------------------------------------------------------------
           (b)    X
               -----------------------------------------------------------------
--------------------------------------------------------------------------------

     3)    SEC Use Only
                           -----------------------------------------------------
--------------------------------------------------------------------------------

     4)    Citizenship or Place of Organization    Delaware
                                                --------------------------------
--------------------------------------------------------------------------------
                   (5)   Sole Voting Power                    0
                                            ------------------------------------
Number of Shares   -------------------------------------------------------------
Beneficially       (6)   Shared Voting Power             63,443
Owned by Each                                 ----------------------------------
Reporting Person   -------------------------------------------------------------
With               (7)   Sole Dispositive Power               0
                                                 -------------------------------
                   -------------------------------------------------------------
                   (8)   Shared Dispositive Power        63,443
                                                   -----------------------------
--------------------------------------------------------------------------------
     9)    Aggregate Amount Beneficially Owned by Each
           Reporting Person                                    63,443
                                                           ---------------------
--------------------------------------------------------------------------------
    10)    Check if the Aggregate Amount in Row (9) Excludes Certain Shares
           (See Instructions)
                              --------------------------------------------------
--------------------------------------------------------------------------------

    11)    Percent of Class Represented by Amount in Row 9       0.1%
                                                             -------------------
--------------------------------------------------------------------------------

    12)    Type of Reporting Person (See Instructions)     PN
                                                        ------------------------
--------------------------------------------------------------------------------


                                     Page 7




NOTE: The Reporting Persons previously filed a Schedule 13D dated December 8,
2006 and an Amendment No. 1 thereto dated May 15, 2008 in respect of the Issuer.

Item 1(a).  Name of Issuer:

            Jamba, Inc.

Item 1(b).  Address of Issuer's Principal Executive Offices:

            6475 Christie Avenue, Suite 150
            Emeryville, CA  94608

Item 2(a).  Name of Person Filing:

            Tudor Investment Corporation ("TIC")
            Paul Tudor Jones, II
            James J. Pallotta
            The Tudor BVI Global Portfolio L.P. ("BVI Portfolio")
            The Raptor Global Portfolio Ltd. ("Raptor Portfolio")
            The Altar Rock Fund L.P. ("Altar Rock")

Item 2(b).  Address of Principal Business Office or, if none, Residence:

            The principal business office of each of TIC is:

                1275 King Street
                Greenwich, CT 06831

            The principal business office of Mr. Jones and Altar Rock is:

                c/o Tudor Investment Corporation
                1275 King Street
                Greenwich, CT 06831

            The principal business office of Mr. Pallotta is:

                c/o Tudor Investment Corporation
                50 Rowes Wharf, 6th Floor
                Boston, MA 02110

            The principal business office of each of BVI Portfolio and Raptor
Portfolio is:

                c/o CITCO
                Kaya Flamboyan 9
                P.O. Box 4774
                Curacao, Netherlands Antilles

Item 2(c).  Citizenship:

            TIC is a Delaware corporation.
            Messrs. Jones and Pallotta are citizens of the United States.
            BVI  Portfolio is a limited  partnership  and Raptor  Portfolio is a
            company each organized under the laws of the Cayman Islands.
            Altar Rock is a Delaware limited partnership.


                                     Page 8




Item 2(d).  Title of Class of Securities:

            Common Stock, par value $0.001

Item 2(e).  CUSIP Number:

            47023A101

Item 3.     If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
            check whether the person filing is a:
            (a) [ ] Broker or Dealer registered under section 15 of the Act
            (b) [ ] Bank as defined in section 3(a)(6) of the Act
            (c) [ ] Insurance Company as defined in section 3(a)(19) of the Act
            (d) [ ] Investment Company registered under section 8 of the
                    Investment Company Act
            (e) [ ] Investment Adviser registered under section 203 of the
                    Investment Advisers Act of 1940
            (f) [ ] Employment Benefit Plan, Pension Fund which is subject to
                    the provisions of the Employee Retirement Income Security
                    Act of 1974 or Endowment Fund; see
                    section 240.13d-1(b)(1)(ii)(F)
            (g) [ ] Parent Holding Company, in accordance with section
                    240.13d-1(b)(1)(ii)(G) (Note: See Item 7)
            (h) [ ] Group, in accordance with section 240.13d-1(b)(1)(ii)(H)

Item 4.     Ownership (As of June 2, 2008).

            (a) Amount Beneficially Owned:  See Item 9 of cover pages

            (b) Percent of Class:  See Item 11 of cover pages

            (c) Number of shares as to which such person has:

                (i)   sole power to vote or to direct the vote
                                                       See Item 5 of cover pages
                                                    ----------------------------

                (ii)  shared power to vote or to direct the vote
                                                       See Item 6 of cover pages
                                                    ----------------------------

                (iii) sole power to dispose or to direct the disposition of
                                                       See Item 7 of cover pages
                                                    ----------------------------

                (iv)  shared power to dispose or to direct the disposition of
                                                       See Item 8 of cover pages

               The shares of Common Stock reported herein as beneficially  owned
            are owned  directly  by BVI  Portfolio  (2,305,761  shares),  Raptor
            Portfolio  (6,778,747  shares),  and  Altar  Rock  (63,443  shares).
            Because TIC provides  investment advisory services to BVI Portfolio,
            Raptor Portfolio,  and is the general partner of Altar Rock, TIC may
            be deemed to  beneficially  own the shares of Common  Stock owned by
            each  of  such  Reporting  Persons.  TIC  expressly  disclaims  such
            beneficial   ownership.   Because  Mr.  Jones  is  the   controlling
            shareholder of TIC, Mr. Jones may be deemed to beneficially  own the
            shares of Common Stock deemed  beneficially  owned by TIC. Mr. Jones
            expressly disclaims such beneficial ownership.  Because Mr. Pallotta
            is the portfolio manager of TIC responsible for investment decisions
            with  respect to the shares of Common  Stock  reported  herein,  Mr.
            Pallotta  may be deemed  to  beneficially  own the  shares of Common
            Stock  deemed  beneficially  owned by TIC.  Mr.  Pallotta  expressly
            disclaims such beneficial ownership.


Item 5.     Ownership of Five Percent or Less of a Class.

                Not applicable

Item 6.     Ownership of More than Five Percent on Behalf of Another Person.

                Not applicable


                                     Page 9



Item 7.     Identification and Classification of the Subsidiary Which Acquired
            the Security Being Reported on By the Parent Holding Company.

                Not applicable

Item 8.     Identification and Classification of Members of the Group.

                See cover pages

Item 9.     Notice of Dissolution of Group.

                Not applicable

Item 10.    Certification.

               By signing  below I certify that, to the best of my knowledge and
belief, the securities  referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing  the control of the
issuer of the  securities  and were not acquired and are not held in  connection
with or as a participant in any transaction having that purpose or effect.

               After  reasonable  inquiry  and to the best of my  knowledge  and
belief,  I certify  that the  information  set forth in this  statement is true,
complete and correct.


                             Dated:     June 2, 2008


                             TUDOR INVESTMENT CORPORATION


                             By:     /s/ Stephen N. Waldman
                                 -----------------------------------------------
                                 Stephen N. Waldman
                                 Managing Director and Associate General Counsel




                                 /s/ Paul Tudor Jones, II
                             ---------------------------------------------------
                                 Paul Tudor Jones, II



                                 /s/ James J. Pallotta
                             ---------------------------------------------------
                                 James J. Pallotta


                             THE TUDOR BVI GLOBAL PORTFOLIO L.P.

                             By: Tudor BVI GP Ltd.
                             Its: General Partner

                             By:  Tudor Investment Corporation,
                                  Trading Advisor

                                By:     /s/ Stephen N. Waldman
                                     -------------------------------------------
                                     Stephen N. Waldman
                                     Managing Director and Associate General
                                       Counsel


                                    Page 10







                             THE RAPTOR GLOBAL PORTFOLIO LTD.

                             By: Tudor Investment Corporation,
                                 Investment Adviser


                                 By:    /s/ Stephen N. Waldman
                                       -----------------------------------------
                                       Stephen N. Waldman
                                       Managing Director and Associate General
                                         Counsel

                             THE ALTAR ROCK FUND L.P.

                             By: Tudor Investment Corporation,
                                 General Partner


                                 By:    /s/ Stephen N. Waldman
                                       -----------------------------------------
                                       Stephen N. Waldman
                                       Managing Director and Associate General
                                         Counsel


                                    Page 11