Media Digest 3/5/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

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

According to Reuters, Google (GOOG) lost a key executive to Facebook.

Reuters reports that losses at Credit Agricole were worse than expected

Reuters reports that OPEC indicated that it would leave production unchanged.

Reuters writes that AT&T (T) will invest $1 billion in worldwide expansion.

The Wall Street Journal writes that federal authorities are investigating a rogue trader at MF Global.

The Wall Street Journal writes that the CEO of GM (GM) will focus on global growth and advanced technologies. The company has appointed a COO.

The Wall Street Journal writes that some CEOs appear to have given stock to charity timed to get good tax benefits often acting just before a company’s shares fell.

The Wall Street Journal writes that AMD (AMD) introduced a new, more powerful chip.

The Wall Street Journal writes that Verizon (VZ) customers hoping to get a free Sharp TV are having to wait due to short supplies.

The Wall Street Journal wirtes that insider selling at Google has caused some analysts to suggest selling the shares short.

The Wall Street Journal writes that Yahoo! (YHOO) has stepped up merger talks with TIme Warner’s (TWX) AOL.

The Wall Street Journal reports that Apple (AAPL) will not buy-back shares or create a dividend.

The New York Times writes that Citigroup (C) tried to calm skeptics who think it will have to raise money again.

The FT writes that Amazon (AMZN) will get into the business of selling wine.

The FT reports that Facebook is talking to record labels about launching a music service.

Bloomberg writes that auction-rate bond failures are approaching 70%.

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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