Media Digest (5/9/2011) Reuters, WSJ, NYT, FT, Bloomberg

Apple (NASDAQ: AAPL) moved past Google (NASDAQ: GOOG) as the world’s most valuable brand, according to research firm Millward Brown. (Reuters)

New negotiations between China and the US seeks to reduce tensions between the two countries. (Reuters)

Brent crude moved above $110. (Reuters)

European shares fell on concern about Greece’s financial status. (Reuters)

The developer of the “Angry Birds” game may try to have an IPO in three years. (Reuters)

Congress will push Apple and Google on IPO issues. (Reuters)

The boom in Internet 2.0 companies have started to look like a bubble. (Reuters)

Sony (NYSE: SNE) said it notified subscribers to its PlayStation network about hacker problems as soon as it could. (Reuters)

Zillow reports that home prices dropped rapidly again in the first quarter. (WSJ)

CEO compensation rose in 2010 (WSJ)

A drop in AIG (NYSE: AIG) shares may hurt taxpayer returns on the bailout of the company. (WSJ)

Banks have renewed enough municipal credit agreements to help the market in muni bonds. (WSJ)

The end of QE2 may boost Treasuries. (WSJ)

Used car prices rose. (WSJ)

AT&T  (NYSE: T) will pressure members of Congress and regulators to approve its T-Mobile buyout. (WSJ)

Sony delayed the restart of its PS network. (WSJ)

Seven new IPOs may be hurt by performance of initial public offerings last week. (WSJ)

Increasing China wages have raised prices of goods sent to the US. (WSJ)

A Massey mine in West Virginia is shut because of safety concerns. (WSJ)

TV networks have taken a more positive stance toward Netflix (NASDAQ: NFLX) as they attempt to prolong the value of shows.(WSJ)

Bank of America’s  (NYSE: BAC) prospects continue to be harmed by issues with its mortgage bond portfolios. (WSJ)

Exchanges are raising the amount of collateral necessary for silver traders. (NYT)

Cisco (NASDAQ: CSCO) is making moves to overhaul management but some candidates believe the process could take years. (NYT)

European officials will modify the terms of Greek loans to help the struggling nation. (FT)

Netflix has begun to do business in Latin America. (FT)

Clive Capital lost $400 million as oil dropped. (FT)

US cities and states will try to renew $39 billion in bank debt this month. If the process is not successful, the entities will face higher interest rates. (FT)

EU leaders are considering a reform to Greece’s $159 billion debt. (Bloomberg)

Geithner will ask China to allow interest rates to rise. (Bloomberg)

The head of Ireland’s central bank said the nation could avoid bankruptcy with restructured debt. (Bloomberg)

Germany’s exports hit record levels in March. (Bloomberg)

Douglas A. McIntyre