SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                 SCHEDULE 13G/A
                                 (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. 2)*







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



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



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



                                October 16, 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       |  (6)  |  SHARED VOTING POWER
BENEFICIALLY    |       |  625,000
  OWNED BY      ----------------------------------------------------------------
    EACH        |  (7)  |  SOLE DISPOSITIVE POWER
 REPORTING      |       |  0
PERSON WITH     ----------------------------------------------------------------
                |  (8)  |  SHARED DISPOSITIVE POWER
                |       |  625,000
--------------------------------------------------------------------------------
     9)    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           625,000
--------------------------------------------------------------------------------
    10)    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
           CERTAIN SHARES (SEE INSTRUCTIONS)

--------------------------------------------------------------------------------
    11)    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

           1.2%
--------------------------------------------------------------------------------
    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       |  (6)  |  SHARED VOTING POWER
BENEFICIALLY    |       |  625,000
  OWNED BY      ----------------------------------------------------------------
    EACH        |  (7)  |  SOLE DISPOSITIVE POWER
 REPORTING      |       |  0
PERSON WITH     ----------------------------------------------------------------
                |  (8)  |  SHARED DISPOSITIVE POWER
                |       |  625,000
--------------------------------------------------------------------------------
     9)    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           625,000
--------------------------------------------------------------------------------
    10)    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
           CERTAIN SHARES (SEE INSTRUCTIONS)

--------------------------------------------------------------------------------
    11)    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

           1.2%
--------------------------------------------------------------------------------
    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
                |       |  233,33
 NUMBER OF      ---------------------------------------------------------------
   SHARES       |  (6)  |  SHARED VOTING POWER
BENEFICIALLY    |       |  625,000
  OWNED BY      ----------------------------------------------------------------
    EACH        |  (7)  |  SOLE DISPOSITIVE POWER
 REPORTING      |       |  233,337
PERSON WITH     ----------------------------------------------------------------
                |  (8)  |  SHARED DISPOSITIVE POWER
                |       |  625,000
--------------------------------------------------------------------------------
     9)    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           858,337
--------------------------------------------------------------------------------
    10)    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
           CERTAIN SHARES (SEE INSTRUCTIONS)

--------------------------------------------------------------------------------
    11)    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

           1.6%
--------------------------------------------------------------------------------
    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       |  (6)  |  SHARED VOTING POWER
BENEFICIALLY    |       |  148,133
  OWNED BY      ----------------------------------------------------------------
    EACH        |  (7)  |  SOLE DISPOSITIVE POWER
 REPORTING      |       |  0
PERSON WITH     ----------------------------------------------------------------
                |  (8)  |  SHARED DISPOSITIVE POWER
                |       |  148,133
--------------------------------------------------------------------------------
     9)    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           148,133
--------------------------------------------------------------------------------
    10)    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
           CERTAIN SHARES (SEE INSTRUCTIONS)

--------------------------------------------------------------------------------
    11)    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

           0.3%
--------------------------------------------------------------------------------
    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       |  (6)  |  SHARED VOTING POWER
BENEFICIALLY    |       |  472,607
  OWNED BY      ----------------------------------------------------------------
    EACH        |  (7)  |  SOLE DISPOSITIVE POWER
 REPORTING      |       |  0
PERSON WITH     ----------------------------------------------------------------
                |  (8)  |  SHARED DISPOSITIVE POWER
                |       |  472,607
--------------------------------------------------------------------------------
     9)    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           472,607
--------------------------------------------------------------------------------
    10)    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
           CERTAIN SHARES (SEE INSTRUCTIONS)

--------------------------------------------------------------------------------
    11)    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

           0.9%
--------------------------------------------------------------------------------
    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       |  (6)  |  SHARED VOTING POWER
BENEFICIALLY    |       |  4,260
  OWNED BY      ----------------------------------------------------------------
    EACH        |  (7)  |  SOLE DISPOSITIVE POWER
 REPORTING      |       |  0
PERSON WITH     ----------------------------------------------------------------
                |  (8)  |  SHARED DISPOSITIVE POWER
                |       |  4,260
--------------------------------------------------------------------------------
     9)    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           4,260
--------------------------------------------------------------------------------
    10)    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
           CERTAIN SHARES (SEE INSTRUCTIONS)

--------------------------------------------------------------------------------
    11)    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

           0.01%
--------------------------------------------------------------------------------
    12)    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

           PN
--------------------------------------------------------------------------------

                                     Page 7




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 October 23, 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  (148,133  warrants  to acquire
          shares),  Raptor Portfolio  (472,607 warrants to acquire shares),  and
          Altar Rock (4,260  warrants to acquire  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.


                                     Page 9




                    If this  statement  is being  filed to report that as of the
date hereof the reporting  person has ceased to be the beneficial  owner of more
than five percent of the class of securities, check the following [X].

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

               Not applicable

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:       October 24, 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


                                  Page 10



                            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


                              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