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Media Digest 6/25/2007 Reuters, WSJ, NYTimes, FT, Barron’s

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By Douglas A. McIntyre Published
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According to Reuters, Yahoo! (YHOO) made changes in it advertising sales management, pushing out its head of US sales.

Reuters writes that the CEO of DaimlerChryler (DCX) see a good future for the company now that it has sold its US unit.

Reuters reports that Delphi, the auto parts maker in Chapter 11, only intends to keep four plants in the US.

Reuters also reports that the market cap of Nintendo has passed that of Sony (SNE).

The Wall Street Journal reports that negotiations between Dow Jones (DJ) and News Corp (NWS) intensified over the weekend after nearly falling apart on issues of editorial independence.

The Wall Street Journal writes that Cerberus is beginning a road show to raise $62 billion in debt.

The New York Times writes that Hollywood studios are beginning to work aggressively to get their content on to handheld wireless devices.

FT reports that hedge fund Amaranth built up large enough positions in natural gas futures that it caused the market to spike up.

Barron’s reports that Sanford Bernstein initiated Google (GOOG) and Ebay (EBAY) as "buys".

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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