Media Digest 12/1/2006 Reuters, WSJ, NY Times

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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According to Reuters, al Qaeda has called for a cyber attack on the websites of online brokers and banks. The action may be set for today.

Reuters writes that Sirius Satellite plans to have live TV as part of its service by late 2007.

The Wall Street Journal writes that News Corp is in talks to bring a Chinese version of MySpace to the world’s most populated market.

Reuters writes that Kirk Kerkorian has sold all of he GM shares in a vote of  "no confidence" on current management. He made only a modest gain on the investment.

Reuters writes that Delta has met with US Air and plans no merger.

Reuters also writes that EMC, the world’s largest data storage company, had the largest growth among major companies in that market. IDC says that EMC had 21.3% of the data storage market, up from 20% a year ago. HP has a 17.6% share, down from 19% a year ago. IBM had 13.7% of the world market, up from 13.1%. Dell had 8% down from 8.2% a year ago.

The Wall Street Journal writes that November retail numbers were mixed, but Wal-Mart said its growth for same-store sales would be 1% or less in December.

The Wall Street Journal also writes that Microsoft has delivered its new operating system, Vista.

The New York Times writes that Sony has shifted management at its game unit, which produces the Playstation, to an executive who has run the US arm of the business.

The New York Times says that Pfizer will seek FDA approval of its heart drug, torcetrapib, even though there is evidence that it can raise blood pressure in certain patients.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
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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