Media Digest (12/26/2012) Reuters, WSJ, NYT, FT, Bloomberg
December 26, 2012 by Douglas A. McIntyre
Jaguar Land Rover will recall some cars in China over safety concerns. (Reuters)
Netflix Inc. (NASDAQ: NFLX) blames Amazon.com Inc.’s (NASDAQ: AMZN) e-commerce outsource operation for a Christmas Eve disruption of the service. (Reuters)
The Obama Administration may extent its home mortgage refinance program to more people with underwater mortgages. (WSJ)
Information from MasterCard Inc.’s (NYSE: MA) SpendingPlus shows holiday sales slowed. (WSJ)
Venture capitalists cut exposure to risk because of failed IPOs, which include Facebook Inc. (NASDAQ: FB), Groupon Inc. (NASDAQ: GRPN) and Zynga Inc. (NASDAQ: ZNGA). (WSJ)
Hardware and search likely will define competition among Apple Inc. (NASDAQ: AAPL), Google Inc. (NASDAQ: GOOG), Amazon.com and Facebook. (WSJ)
Chevron Corp. (NYSE: CVX) will invest in shale fields in Canada so it can ship more natural gas to Asia. (WSJ)
More foreign car companies, including Ford Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM), have expanded into Russia. (NYT)
Google Apps products begins to take more business from Microsoft Corp. (NASDAQ: MSFT). (NYT)
Activist funds that press for changes at companies in which they invest outperformed the market. (FT)
E-reader sales are expected to fall this year. (FT)
Volkswagen may become the number one car company in China after a year-long competition with GM. (Bloomberg)
Douglas A. McIntyre
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