Media

Media Digest 1/13/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Google (NASDAQ:GOOG) may leave China due to attempts to hack into its service there.

Reuters:   Oil dropped below $80 on US inventory news.

Reuters:   China markets fear tighter money policies from the government

Reuters:   The White House says the stimulus has saved two million jobs.

Reuters:   An executive at Goldman Sachs (NYSE:GS) said the bank made money trading against its clients.

Reuters:   Facebook picked McAfee (NYSE:MFE) to protect it from attacks on its service.

Reuters:   Obama will announce TARP fees on banks.

Reuters:   Fed officials see high jobless rates for a long time.

Reuters:   Kraft (NYSE:KFT) was helped as Ferrero dropped out of contention to buy Cadbury (NYSE:CBY).

Reuters:   Bank of American moved its CFO into the job of running its retail bank operations.

WSJ:   GM is betting on full-sized trucks.

WSJ:   Many economists say low rates fueled the housing bubble but Bernanke disagrees.

WSJ:   China sharply slowed its stimulus.

WSJ:   A commission looking into the credit crisis is being attacked over conflicts of interest by some members.

WSJ:   Thain is a candidate to run CIT.

WSJ:   JAL shares dropped 81%.

WSJ:   The FDIC will try to tie bank fees to pay.

WSJ:   The US trade deficit grew.

WSJ:   Baidu (NASDAQ:BIDU) said hackers hit its site.

WSJ:   Automakers say 2010 will be hard in Europe.

WSJ:   Infosys increased it full-year outlook.

WSJ:   Bond insurers are hitting mortgage companies with suits to recover billions in loan losses.

NYT:   Owners of the Google Nexus One are experiencing poor customer service.

NYT:   Some members of Congress are attacking a system where pharma companies pay makers of generics to delay offering alternatives to patented drugs.

NYT:   The Nintendo Wii added the NetFlix (NASDAQ:NFLX) service to stream video.

NYT:   Chinese car companies plan to offer electric cars in the US within a year.

NYT:   The Fed is again being accused of blocking information about the AIG bailout.

FT:   In another take on Google, the FT says it may be thrown out of China.

FT:   The EU says Greece may have falsified data about its debt.

FT:   A US judge froze Argentine assets held by the Fed.

FT:   China raised bank reserve requirements.

Douglas A. McIntyre