Media Digest (6/18/2012) Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Published

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Angela Merkel goes into today’s EU summit at odds with other leaders about regionwide bonds and austerity. (Reuters)

Barclays (NYSE: BCS) pays $453 million to settle a probe on Libor trading. (Reuters)

Google (NASDAQ: GOOG) releases a tablet to compete with Apple (NASDAQ: AAPL) and Amazon.com (NASDAQ: AMZN). (Reuters)

The new chairman at Chesapeake Energy (NYSE: CHK) will get stock worth $750,000. (Reuters)

The CEO of Deutsche Telekom’s (NYSE: DT) T-Mobile USA division departs. (Reuters)

The board of News Corp. (NASDAQ: NWS) agrees to split the company in half and create a new operation for print media. (WSJ)

The Xstrata and Glencore merger has stalled because of price. (WSJ)

Samsung faces more delays as it releases its flagship Galaxy S III in the United States. (WSJ)

Census data show that cities in the U.S. grew faster than suburbs over the past year. (WSJ)

Delaware may allow online gambling, which is not allowed in any other state. (WSJ)

Fiat plans to increase its stake in Chrysler to 61.9%. (WSJ)

The FDA approves weight-loss drug Belviq made by Arena Pharmaceuticals (NASDAQ: ARNA). (WSJ)

High prices encourage more farmers to plant soybeans. (WSJ)

Airbus may build a plant in Alabama. (NYT)

JP Morgan’s (NYSE: JPM) trading loss may reach $9 billion. (NYT)

Analysts continue to worry about Facebook’s (NASDAQ: FB) earnings over the next several quarters. (FT)

Apple will improve the ability for customers to share music on iTunes. (Bloomberg)

Douglas A. McIntyre

Contact [email protected] for any questions or corrections.

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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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