Media Digest (12/26/2012) Reuters, WSJ, NYT, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published

Invalid Image
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

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.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

KMX Vol: 7,330,419
GLW Vol: 22,800,969
INTC Vol: 233,719,006
SMCI Vol: 68,465,534
ENPH Vol: 13,978,376

Top Losing Stocks

ACN Vol: 41,744,333
EPAM Vol: 5,636,587
CTSH Vol: 61,311,400
CTRA Vol: 73,319,495
KR Vol: 26,704,230