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Media

Media Digest 4/9/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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According to Reuters, a US review into past money transfers a ABN Amro could derail its merger with Barclays (BCS).

Reuters writes that a group of investors from the Middle East and the US are planning to take Dow Chemical private (DOW).

Reuters writes that Citigroup (C) is considering buying hedge fund Old Lane LP to get its CEO to serve in a top job at Citi.

Reuters writes that first quarter earnings for S&P 500 companies are only expected to rise 5%.

Reuters writes that the CEO of Palm (PALM) is focusing on gaining share back from Research In Motion (RIMM) and Nokia (NOK) and not on selling the company.

The Wall Street Journal writes that Yahoo! (YHOO), Sandisk (SNDK) and Samsung are building a wireless MP3 player to compete with Apple‘s (AAPL) iPod.

The WSJ writes that Citigroup is likely to announce thousands of job cuts and other expense reductions later this week.

The WSJ reports that Hewlett-Packard (HPQ) is trying to get customers to print web pages instead of reading them on the computer screeen.

The NY Times reports that Microsoft (MSFT) will being live chat to the TV with its Live Messenger running on Xbox 360.

The FT reports that CD sales will drop by about 50% from 1997 to 2009, a decline that is not being made up by digital download revenue.

Barron’s writes that Vonage (VG) got a temporary stay from an appeals court to a ruling that would prevent it from signing new customers to its VoIP service.

Douglas A. McIntyre

Contact [email protected] for any questions or corrections.

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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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