Media Digest (3/21/2013) Reuters, WSJ, FT, Bloomberg

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By Douglas A. McIntyre Published

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China’s PMI rises, but the improvement is unimpressive. (Reuters)

Cyprus will keep banks closed and may nationalize pension funds. (Reuters)

The Fed will hold interest rates as they are, as Bernanke’s worry about jobs continues. (Reuters)

Blackstone Group L.P. (NYSE: BX) may have approached Mark Hurd, president of Oracle Corp. (NASDAQ: ORCL), about taking over as CEO of Dell Inc. (NASDAQ: DELL). (Reuters)

A hacking attack on South Korea shows how powerful cyber experts in North Korea are. (Reuters)

Google Inc. (NASDAQ: GOOG) says YouTube has one billion active users. (Reuters)

A drop in FedEx Corp. (NYSE: FDX) profits signals that parts of the global economy have not yet recovered. (WSJ)

A slowing in Oracle’s sales pushes down its share price. (WSJ)

Intertrust Technologies sues Apple Inc. (NASDAQ: AAPL) over patent violations. (WSJ)

The U.K. government sharply cuts its GDP growth forecast while staying with austerity plans. (WSJ)

A new challenge for Boeing Co. (NYSE: BA) is to convince passengers its 787 is safe. (WSJ)

U.S. bans keep BP PLC (NYSE: BP) out of bids for Gulf drilling. (FT)

Austerity cuts wages enough in some troubled European Union nations that their workforces have become competitive with those of other nations. (Bloomberg)

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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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