Media Digest 9/4/2007 Reuters, WSJ, NYTimes, FT, Barrons'

According to Reuters, American Blind & Wallpaper Factory Inc has dropped its long-running suit against Google (GOOG) for running ads for competitors when search results for a company appear.

Reuters writes that Starbucks (SBUX) will begin to sell its coffee to work in Kraft (KFT) Tassimo home coffee makets.

Reuters writes that Sony (SNE) will list shares of its financial company and raise about $3 billion.

The Wall Street Journal writes that Mattel (MAT) is being investigated by Consumer Product Safety Commission over how quickly it disclosed problems with some of its toys.

The Wall Street Journal writes that Sony (SNE) is expanding its video download service.

The New York Times writes that the UAW may not accept new pension and health plans which are part of current negotiations with car markers.

The New York Times also reports that Microsoft’s (MSFT) open document format, Office Open XML, is likely to be accepted as the international standard.

The FT writes that the CEO of Acer has hit back over crticism that his firm is buying Gateway (GTW).

Barron’s writes that the financing of First Data’s buy-out will answer questions about the current appetite for private equity debt.

Douglas A. McIntyre