Media Digest 7/27/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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According to Reuters, Microsoft’s (MSFT) CEO defended the company’s move heyond the desktop.

Reuters writes that Amgen (AMGN) turned in better than expected results as several key drugs did well.

Reuters reports that GAP (GPS) hired a new CEO.

Reuters writes that McDonald’s (MCD) was sued in China for having most of its receipts printed in English.

Reuters reports that the president of Sony (SNE) said there would be no more price cuts for the PS3.

The Wall Street Journal writes that KKR may have to postpone its IPO due to trouble in the private equity markets.

The Wall Street Journal also reports that the European antitrust has sued Intel (INTC) for using illegal tactics to compete with AMD (AMD).

The Wall Street Journal writes that PC maker Lenovo is building plants to the it can more effective compete with HP (HPQ) and Dell (DELL) in India and the US.

The Wall Street Journal writes that McDonald’s (MCD) will open all of its US stores at 5 AM

The New York Times writes that Comcast’s (CMCSA) profits rose 28%

The FT reports that Google (GOOG) will offer free services to Sprint (S) WiMax customers.

Barron’s reports that a number of reserach analsysts believe that Apple’s (AAPL) growth in Macs and iPods will continue.

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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