Media Digest 2/6/2008 Reuters, WSJ, NYTimes, FT, Barron’s

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published

According to Reuters, BHP BIlliton (NYSE: BHP) raised its bid for Rio Tinto (NYSE: RTP).

Reuters writes that Microsoft (NASD: MSFT) may raise its bid for Yahoo! (NASD: YHOO).

Reuters reports that the current economic slump could be worse than recent downturns.

The Wall Street Journal writes that junk bond defaults are expected to spike up this year.

The Wall Steet Journal reports that the value of loans for corporate LBOs are falling sharply making them difficult for banks to sell.

The Wall Street Journal writes that Google (NASD: GOOG) is picking up its effort to increase its share of the Chinese market.

The Wall Street Journal reports that Disney (NYSE: DIS) posted strong results.

The New York Times reports that CBS (NYSE: CBS) wil launch a program to target mobile phone users by location.

The FT writes that possible downgrades of bond insurers hit bank stocks.

The FT reports that music companies have launched a lawsuit against Baidu (NASD: BIDU).

Barron’s writes that Macrovision is s cheap way to play the rise of the digital living room.

Barron’s reports that CNET"s (NASD: CNET) guidance for 2008 is light.

Douglas A. McIntyre

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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