Media Digest 9/25/2007 Reuters, WSJ, NYTimes, FT, Barron's

Douglas A. McIntyre

According to Reuters, Microsoft (MSFT) launched its Halo 3 game which is essential to driving Xbox sales.

Reuters writes that the UAW struck GM (GM) as contract negotiations failed.

Reuters reportst that Echostar (DISH) has bought Slingbox, a company that allow TV to be transferred to devices like PCs.

The Wall Street Journal writes that Microsoft in in talks to buy 5% of social network Facebook.

The Wall Street Journal writes that Apple (AAPL) says that hacks of its iPhone software will permanently damage the device.

The Wall Street Journal writes that both Lowe’s (LOW) and Target (TGT) warned of slow sales.

The New York Times writes that Bristol-Myers (BMY) will buy Adnexus Therapeutics, a biotech company, for $430 million.

The FT writes that BP’s (BP) new CEO said the next quarter will be “dreadful”.

Barron’s writes that AmTech research indicates that headcount growth is slowing at Google (GOOG).

Douglas A. McIntyre