Media Digest (9/7/2012) Reuters, WSJ, NY Times, FT

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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Poor jobless figures may force the Fed to adopt QE3. (Reuters)

BP PLC (NYSE: BP) tries to blame workers on the Deepwater Horizon for the accident that caused a huge oil spill. (Reuters)

Amazon.com Inc. (NASDAQ: AMZN) launches a family of tablets to challenge Apple Inc. (NASDAQ: AAPL). (Reuters)

Glencore’s $34 billion bid for miner Xstrata likely will be blocked by shareholders. (Reuters)

HTC may add more Microsoft Corp. (NASDAQ: MSFT) Windows-powered phones to its lineup. (Reuters)

Apple will not use Audience Inc. (NASDAQ: ADNC) chips in the new iPhone. (Reuters)

News Corp. (NASDAQ: NWSA) offers $2 billion for pay TV company Consolidated Media Holdings. (Reuters)

Apple cuts memory chip orders from Samsung for the iPhone. (Korea Economic Daily)

Morgan Stanley (NYSE: MS) and Goldman Sachs (NYSE: GS) aggressively sell bonds to customers as a way to bring down interest rates. (WSJ)

A judge approves a settlement over e-book monopoly price practices by Simon & Schuster and HarperCollins. (WSJ)

Microsoft will add thousands of new workers in China as it attempts to ramp up sales there. (WSJ)

Strikes by cabin crews cause Lufthansa to cancel flights. (WSJ)

Ford Motor Co. (NYSE: F) launches a number of new cars in Europe, but will try to cut losses there. (WSJ)

Some in Germany say the limitless ECB bond buying could ruin the euro. (NYT)

Nomura will cut $1 billion in expenses in Europe. (NYT)

China will invest nearly $150 billion in new infrastructure. (FT)

The Senate will investigate J.P. Morgan Chase & Co. (NYSE: JPM) trading losses at its London office. (FT)

EMarketer reports that Twitter will bring in more revenue from mobile ads than Facebook will this year. (FT)

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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