Media Digest (5/3/2011) Reuters, WSJ, NYT, FT, Bloomberg

The Nasdaq (NASDAQ: NDAQ) and ICE bid for NYSE Euronext (NYSE: NYX) became hostile. (Reuters)

A new hack put 25 million more PS accounts at risk, Sony (NYSE: SNE) said. (Reuters)

India raise rates by 50 basis points, more than expected. (Reuters)

Tokyo Electric may face $25 billion in liabilities. (Reuters)

Research In Motion (NASDAQ: RIMM) launched a new Blackberry Bold phone. (Reuters)

SK Telecom and KT, cellular providers in South Korea, ran out of Apple (NASDAQ: AAPL) iPad 2 models. (Reuters)

Twitter will try to buy Tweetdeck for $50 million. (Reuters)

Echostar and Dish will pay Tivo (NASDAQ: TIVO) to settle IP claims. (Reuters)

US car companies are back on the road to success because of a US led restructuring and problems with Japanese supply which have hurt its large manufacturers. (WSJ)

Loan growth by banks rose, but not by much. Demand for consumer loans is weak according to the Fed. (WSJ)

Treasury has begun to set plans to curtail spending and avoid a near term default on US paper. (WSJ)

Facebook’s profit growth make an IPO more likely. (WSJ)

High income taxpayers now have a larger portion of earnings going to taxes. (WSJ)

The ISM said US manufacturing slowed last month. (WSJ)

Teva bought Cephalon for $6. 8 billion. (WSJ)

Car sales in Japan had a record drop last month. (WSJ)

Community Health increased it bid for Tenet. (WSJ)

Arch Coal will buy International Coal for $3.4 billion. (WSJ)

Steel companies have started to raise prices. (WSJ)

The number of people who own TVs in the US fell. (NYT)

The price of rare earth metals has doubled because of China supply concerns. (NYT)

Treasury said tax revenue is higher than expected. (NYT)

Many people found out about bin Laden through social media. (NYT)

The Fed said mortgage demand dropped for the third consecutive quarter. (FT)

GM’s (NYSE: GM) China sales have become essential to taking the No.1 car manufacturer crown from Toyota. (NYSE: TM) (Bloomberg)

True Finns said they would not back talks on a Portugal bailout. (Bloomberg)

Douglas A. McIntyre