Media Digest 5/28/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

May 28, 2008 by Douglas A. McIntyre

According to Reuters, merger talks between United (UAUA) and US Air (LCC) has slowed.

Retuers writes that NetFlix (NFLX) and Blockbuster (BBI) held competing analysts meetings on the same day.

Reuters reports that GE (GE) named LG as one of the companies bidding on its appliance unit.

Reuters writes that Exxon (XOM) will face shareholders who want changes to the company at its annual shareholder meeting.

Reuters reports that InBev is considering a bid for Anheuser-Busch (BUD) but there have been no talks.

Reuters writes that Google (GOOG) has come out with pricing for its Apps engine.

The Wall Street Journal writes that Microsoft (MSFT) demonstrated a touchscreen version of its PC software.

The Wall Street Journal reports that JetBlue (JBLU) will delay the deliver of new jets.

The Wall Street Journal reports that cable companies have agreed to offer service without providing their own set-top boxes.

The Wall Street Journal writes that Moody’s (MCO) may fire some employees involved with its credit rating problems.

The New York Times reports that a guessing game has begun about the new Apple (AAPL) iPhone.

The FT writes that UBS (UBS) told executives in charge of its private client group not to travel to the US.

The FT reports that investment banks are divided over whether the Fed should keep open a lending facility which involves more regulation of the industry.

Douglas A. McIntyre

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