Media Digest (3/2/2011) Reuters, WSJ, NYT, FT, Bloomberg
Yahoo! (NASDAQ: YHOO) is in talks to sell its part of a Japanese joint venture for $8 billion. (Reuters) Apple (NASDAQ: AAPL) will release its iPad 2 today. (Reuters) The SEC charged a former…
Yahoo! (NASDAQ: YHOO) is in talks to sell its part of a Japanese joint venture for $8 billion. (Reuters) Apple (NASDAQ: AAPL) will release its iPad 2 today. (Reuters) The SEC charged a former…
Ben Bernanke may indicate to Congress that the recovery is tentative and that the $600 billion QE2 program is still necessary. (Reuters) Future US auto sales may be undermined by high gas prices. (Reuters)…
The National Association for Business Economics said the deficit was its No.1 concern. (Reuters) Congress appears less likely to shut down the government because of budget problems. (Reuters) The high price of gas could…
Brent crude rose $6 to $113 on worries about Middle East contagion. (Reuters) GM (NYSE: GM) is likely to post its first annual profit since 2004. (Reuters) An effort by shareholders to get Apple…
The chase for advertising dollars just waiting to be harvested from all those smartphones is just getting starting. Of an estimated $500 billion in annual global ad spending, only about $2.7 billion is going…
Hulu’s management may not have admitted it already, but the company is about to be irreparably damaged by new initiatives to stream premium content to the home. The first was launched over a year…
Nasdaq OMX may bid for the New York Stock Exchange (NYSE: NYX) (Reuters) Oil reached a 2 1/2 high on Middle East concerns (Reuters) Hewlett-Packard (NYSE: HPQ) made a grim forecast for 2011 and…
Moody’s put the rating of Japan’s debt on credit watch. The outlook was cut to “negative” from “stable.” The government of Japan’s current rating is Aa2. Moody’s said, “The rating action was prompted by…
Investors are concerned about whether Wal-Mart’s (NYSE: WMT) US store division has grown. (Reuters) Moody’s cut its outlook on Japan to negative due to concerns about whether government austerity measures will work. (Reuters) US…
The US federal government could shut down as House Republicans battle the Administration on budget deficit matters (Reuters) Riots in Libya moved oil higher and Asia markets lower. (Reuters) Air France-KLM may make a…
Apple Inc. (NASDAQ: AAPL) announced a new plan earlier this week that would allow content creators like publishers, music companies, and game makers to offer and receive payment for subscriptions to digital content. The…
SIRIUS XM Radio Inc. (NASDAQ: SIRI) filed its annual report this week for 2010. While many investors know many of the larger outstanding issues, annual reports always contain factoids that most investors do not…
The seven members of The National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling might as well have stayed at home instead of venturing out to examine why the well exploded and sent…
The head of the Bank of Japan said that easing by the G20 central banks was necessary even though it may be causing inflation in the emerging world (Reuters) The head of Time Inc…
Millions of megabytes have been wasted telling the story of how traditional business media companies were caught flat-footed by the rise of the Internet and are struggling to stay relevant. There have…