Media Digest 7/15/2007

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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According to Reuters, the group lead by RBS has raised its bid for ABN Amro (ABN) by increasing the cash component of the offer.

Reuters writes that Ford (F) is now cosidering selling its Volvo unit.

Reuters reports that the Dubai stock market is making a bid for OMX that will compete with Nasday (NDAQ).

Philips Electronics (PHG) increased earnings by 22% according to Reuters.

The Wall Street Journal reports that one of the members of the founding family that controls Dow Jone (DJ) is trying to block its sale to Rupert Murdoch.

The Wall Street Journal writes that China is about to pass Germany as the world’s third largest economy.

The New York Times writes that Sony (SNE) will launch a new website for aspiring film markets.

The FT says that the head of Cisco (CSCO) believes that Web 2.0 will lead to a period of productivity that has not been seen since the internet boom.

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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