Media Digest 6/11/2007 Reuters, WSJ, NYTimes, FT, Barron’s

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By Douglas A. McIntyre Published

According to Reuters, a hedge fund has taken a position in Barclays (BCS) and its urging it to drop its bid for ABN Amro.

Reuters writes that private firm Alchemy is lining up $5.9 in an attempt to buy Land Rover and Jaguar from Ford (F).

Reuters reports the Iran’s oil minister says there is no shortage of oil and that OPEC will not raise output.

The Wall Street Journal reports that, at one point, Microsoft (MSFT) and GE (GE) considered a joint bid for Dow Jones (DJ).

The Wall Street Journal also writes that Google (GOOG) complained to antitrust officials that Microsoft’s operating system puts rivals at a disadvantage.

The Wall Street Journal also reports that Disney (DIS) is in a joint venture with India’s Yash Raj Films to created animated films for the fast growing market.

The New York Times reports that "Sony Online intends to unveil its plan to retake leadership in online gaming by unveiling three new games in development."

FT reports that Hollywood studios are in talkw with Apple (AAPL) about starting a video rental service.

Barron’s reports that Credit Suisse has rated Nortel (NT) underperform

Douglas A. McIntyre

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Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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