Media Digest 9/12/2007 Reuters, WSJ, NYTimes, FT, Barron's

According to Reuters, Sony (SNE) will begin to launch new versions of it Blu-ray recorders in it battle against the HD DVD format.

Reuters writes that Yahoo! (YHOO) has won exclusive rights to sell display ads for UK social network site Bebo giving the US portal 11 million more users for its marketing network.

Reuters reposts that News Corp (NWS) says it will not pull its video content from Apple (AAPL) iTunes.

The Wall Street Journal writes that Capital One (COF) is launching a money market fund that will offer rewards points depending on the amount of a customer’s monthly balance.

The Wall Street Journal writes that NTP has sused Verizon Wireless, AT&T (T) and Sprint (S) over use of the company’s patents.

The Wall Street Journal writes that OPEC will slightly increase the supply of oil beginning in November.

The Wall Street Journal writes that Amazon (AMZN) will start a contest for start-ups to bring attention to its online storage and software business.

The New York Times writes that BMW has sued a Chinees automaker over copying the design of one of its cars.

The New York Times writes that more studies have cast doubt on the safety of GlaxoSmithKine durg Avandia.

The FT writes that the mortgage industry could cut as many as 100,000 jobs

Barron’s writes that Texas Instruments (TXN) narrowed its guidance for the quarter but did not change its mid-point.

Bloomberg writes that McDonald’s (MCD) is taking on Starbucks (SBUX) with cheap lattes.

CNN Money writes that almost 700 homes in foreclosure will be auctioned off in Detroit this month.

Douglas A. McIntyre