Media

Media Digest (7/3/2012) Reuters, WSJ, FT, Bloomberg

Bob Diamond, CEO of Barclays (NYSE: BCS), quits. (Reuters)

Microsoft (NASDAQ: MSFT) takes a $6.2 billion write-off, primarily due to its buyout of aQuantive. (Reuters)

The U.S. probe begins on whether Chesapeake Energy (NYSE: CHK) and Encana (NYSE: ECA) colluded on land price deals. (Reuters)

Samsung loses a legal effort to lift a ban on sales of its tablets in the U.S. — a win for rival Apple (NASDAQ: AAPL). (Reuters)

Carl Icahn presses his proxy fight for Forest Labs (NYSE: FRX). (Reuters)

For-profit colleges benefit from “a ruling overturning a main component of federal regulations that would have penalized the schools for graduating students with substantial debt.” (WSJ)

Greece will bid for a better bailout deal that would include a rescue of its banks. (WSJ)

The average price of homes in China’s 100 largest cities rises for the first time in nine months. (WSJ)

Car sales in India slow considerably. (WSJ)

General Motors (NYSE: GM) may return to Facebook as an advertiser. (WSJ)

Fiat may export more cars to the United States. (WSJ)

Record heat threatens the U.S. grain harvest. (FT)

Apple fails to get U.S. officials to ban HTC phones. (Bloomberg)

Douglas A. McIntyre