Media Digest: Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Updated Published

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The U.S. government accuses China of stealing military secrets. (Reuters)

Microsoft Corp. (NASDAQ: MSFT) plans to upgrade Windows 8 to boost sales. (Reuters)

New York state will file charges against Bank of America Corp. (NYSE: BAC) and Wells Fargo & Co. (NYSE: WFC) over mortgage instrument abuses. (Reuters)

Electronic Arts Inc. (NASDAQ: EA) and Walt Disney Co. (NYSE: DIS) set a partnership for Star Wars games. (Reuters)

Intel Corp. (NASDAQ: INTC) makes changes to its Atom chip in a bid for more mobile sales. (Reuters)

The Securities and Exchange Commission charges officials of Harrisburg with misrepresenting the city’s financial state. (WSJ)

Bank of America pays MBIA Inc. (NYSE: MBI) $1.7 billion to settle mortgage-related charges. (WSJ)

European Union officials issue a complaint against Google Inc.’s (NASDAQ: GOOG) Motorola over its patent violations of Apple Inc. (NASDAQ: AAPL) intellectual property. (WSJ)

The three largest J.P. Morgan Chase & Co. (NYSE: JPM) investors fail to support the plan to allow Jamie Dimon to keep both his chief executive and chairman roles. (WSJ)

San Francisco City Attorney Dennis Herrera sues Monster Beverage Corp. (NASDAQ: MNST) over sales of its drinks to underage children. (WSJ)

The European Union will put tariffs on Chinese solar panels. (WSJ)

Some telecom companies adopt mobile OS products that compete with Apple’s iOS and Google Android. (WSJ)

To fight online sales of fake drugs, among other things, Pfizer Inc. (NYSE: PFE) will sell Viagra online. (NYT)

Foxconn, a major Apple supplier, begins to manufacture its own TVs. (NYT)

Google’s YouTube will allow some providers of content to charge subscription fees. (NYT)

Slow increases in health care costs could be due to the recession and higher co-pay charges. (NYT)

Facebook Inc. (NASDAQ: FB) will introduce video ads. (FT)

Swiss unemployment reaches a two-year high. (Bloomberg)

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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