Media Digest 12.30.2010 Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Published
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China’s PMI growth slowed and the current monetary policy may be sufficient to curb inflation (Reuters)

The use of solar power by China is rapidly expanding (Reuters)

Sony (NYSE: SNE) sued to stop shipments of some LG phone to the US (Reuters)

China said it would continue to export rare earth (Reuters)

Winter weather delayed $1 billion in holiday sales according to ShopperTrak (Reuters)

Research In Motion (NASDAQ: RIMM) put technology in its India office to help the government better track Blackberry communications (Economic Times)

China shut 60,000 pornographic websites in 2010 (Reuters)

Paul Allen started more patent lawsuits against major tech firms (Reuters)

The Carlyle Group sold an $860 million piece of its investment in China Pacific Insurance (Reuters)

Many large banks have begun to loan money to smaller businesses (WSJ)

Computerized home appraisals are being blamed for low valuation of real estate (WSJ)

Lockheed Martin (NYSE: LMT) won a contract to built  new ships for the Navy (WSJ)

Japan may create a sovereign wealth fund to invest in companies outside the country (WSJ)

Some crops in South America could be damaged by near-record temperatures (WSJ)

State and local tax revenue has begun to rise with the economic recovery (WSJ)

Bank failures hit their highest level since 1992. (WSJ)

Samsung will release a competitor to the Apple (NASDAQ: AAPL) iPod. (WSJ)

The US raised record levels of debt at low interest rates in 2010, but those rates may rise (WSJ)

Efforts by the federal government to keep homeowners in their houses failed in the third quarter as foreclosures soared (WSJ)

Motorola (NASDAQ: MOT), RIM (NASDAQ: RIMM), and Dell (NASDAQ: DELL) released iPad competitors (WSJ)

IDC research says more small companies will turn to cloud computing next year (WSJ)

Stock indices in the US and Europe will post double digit returns. (WSJ)

China will add to its strategic oil research which should send prices higher (WSJ)

Twitter and Facebook helped some travelers to rebook flights during the storm (NYT)

Illegal rare earth mines in China are being shut by the government (NYT)

Utilities are at work to hire tech employees to build and operate smart grids (NYT)

eBay’s (NASDAQ: EBAY) PayPal will make a push into China (FT)

Covered bond sales hit $356 billion this year. (FT)

Commodity prices continued their rise (FT)

UK home price will probably fall next year (Bloomberg)

Mining IPOs may reach record levels due to interest in rising metal prices (Bloomberg)

Facebook has begun a push into the Russian market (Bloomberg)

Pimco predicted that the dollar would keep its reserve currency status (Bloomberg)

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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