Media Digest 7/8/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

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

According to Reuters, Microsoft (MSFT) is willing to start buy-out talks with Yahoo! (YHOO) if the portal company will replace its board.

Reuters writes that the CEO of JP Morgan (JPM) said the SEC should investigate whether investors betting on a failing stock at Bear Streans helped make the brokerage fail.

Reuters writes that shares in Fannie Mae (FNM) and Freddie Mac (FRE) moved down sharply on concerns that they will have to raise more money.

Reuters reports that inflation in China for June was just over 7%.

Reuters writes that Airbus will launch a successor to the A320 in 2014.

Reuters reports that Ford’s (F) first half sales in China rose 21%.

The Wall Street Journal reports that Dreamworks has chosen Intel (INTC) chips over AMD (AMD) to power its animation systems.

The Wall Street Journal reports that Merck (MRK) shares dropped on a report of falling sales of one of its drugs.

The New York Times writes tha Sprint (S) is trying to win back unhappy customers.

The FT says that the SEC has found some conflicts in how the bond ratings agencies covered subprime mortgage products.

The FT reports that the auto parts sector is being damaged by cutbacks in the car industry.

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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