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Media Digest June 12, 2007 Reuters, WSJ, NYTimes, FT, Barron’s

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By Douglas A. McIntyre Published
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According to Reuters, Citigroup (C) has raised its stake in Japan broker Nikkei Cordial to 68%.

Reuters writes that floor brokers at the New York Stock Exchange (NYX) will be permitted to have access to other markets.

Reuters reports that Toyota (TM) sold more vehicles worldwide than GM (GM) in 2006.

Reuters writes that Texas Instruments (TXN) lowered its estimates for the current quarter due to weak calculator sales.

Reuters also writes that Apple (AAPL) has built a version of it Safari internet browser that will work on PCs and compete with Microsoft’s (MSFT) Internet Explorer.

The Wall Street Journal writes that Google (GOOG) YouTube will begin testing electronic fingerprinting technology with content from Time Warner (TWX) and Disney (DIS).

The Wall Street Journal also reports that Warner Brothers will launch nationwide on-demand films at the same time that it releases DVD versions of the same content.

The Wall Street Journal also writes that Nokia (NOK) has sued Qualcomm (QCOM) over patented technology.

The New York Times reports that Take-Two (TTWO) reported its sixth consecutive quarterly loss.

FT reports that GE (GE) will not make a bid for Dow Jones (DJ)

Barron’s writes that Fidelity Investments has sold its stake in Dow Jones.

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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Media Digest 10/18/2007 Reuters, WSJ, NYTimes, FT,Barron’s

Accoriding to Reuters, Sony (SNE) will launch a cheaper version of its PS3 in the US in hopes of taking…
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Media Digest 11/29/2006 Reuters, WSJ, NYT

Stocks:  (TWX)(GM)(PFE)(HET)(COMS)(BAC)(C)(NOK)(LCC) According to Reuters, Time Warner said that it would not sell its British publishing arm IPC and ruled…
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According to Reuters, a sharp fall in shares of China internet company Baidu (BIDU) raised fear that the tech market…

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