Media Digest (11/1/2010) Reuters, WSJ, NYT, FT, Bloomberg

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China’s PMI grew much faster than expected. (Reuters)

China will not slow rare earth shipments. (Reuters)

Apple (NASDAQ: AAPL) sued Motorola (NYSE: MOT) over six patents. (Reuters)

New search engine Bleeko will rely on human search selections. (Reuters)

Intel (NASDAQ: INTC) will make chips for start-ups. (Reuters)

BHP Billiton (NYSE: BHP) will probably not raise its bid for Potash (NYSE: POT) as it waits for a ruling from Canada on the offer.  (Reuters)

ONGC may buy Exxon Mobil’s (NYSE: XOM) oil right in Angola. (Reuters)

ICBC of China bought US brokerage operation Prime Dealer Services. (WSJ)

Some Facebook applications markets have sold private data to research firms. (WSJ)

Bank of America (NYSE: BAC) has begun to review 102,000 mortgages for potential paperwork problems. (WSJ)

Safety crackdowns have begun to slow mine operations. (WSJ)

Fox and Cablevision (NYSE: CVC) has reached an agreement on program carriage. (WSJ)

India has allowed Research In Motion (NASDAQ: RIMM) BlackBerry service to continue. (WSJ)

US corporate sales may slow next year  which would pressure jobs growth. (WSJ)

The foreclosure debacle may allow states which allow homeowners to stay in home with mortgages in default more room to keep people in the houses. (WSJ)

Car sales may have improved in October but not by much. (WSJ)

Ebay (NASDAQ: EBAY) will cut clutter on its site to better compete with rivals. (WSJ)

Gawker will redesign its sites to look more like newspapers. (WSJ)

A study by Development Dimensions International Inc shows that CEOs overestimate their skills. (WSJ)

Consumer spending has slowed whatever GDP numbers showed. (WSJ)

IPO momentum will grow until the end of the year. (WSJ)

Smartphones have become a greater part of home entertainment systems. (NYT)

Non-profit companies have begun to raise more money via text. (NYT)

Experts fear more bombs will be placed on passenger flights. (FT)

IBM’s (NYSE: IBM) cloud computer services will rely more on central locations. (FT)

Google (NASDAQ: GOOG) Android applications may be open to hackers. (FT)

Goldman Sachs Group (NYSE: GS) has lost some of its advantages in bond trading as risk has fallen. (Bloomberg)

Coca Cola (NYSE: KO) will move into China more rapidly. (Bloomberg)

Hedge funds have increased their bets that oil prices will climb. (Bloomberg).

Douglas A. McIntyre

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