Media Digest (10/26/2012) Reuters, WSJ, NY Times, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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A fight has broken out among the CEOs of companies that make tablets, primarily Apple Inc. (NASDAQ: AAPL), Google Inc. (NASDAQ: GOOG) and Samsung. (Reuters)

Apple’s disappointing numbers are based mostly on slow iPad sales. (Reuters)

HTC says revenue and earnings will drop in the fourth quarter. (Reuters)

Sumner Redstone says his daughter may run Viacom Inc. (NASDAQ: VIAB) and CBS Corp. (NYSE: CBS). (WSJ)

The Libor investigation adds Bank of America Corp. (NYSE: BAC), Bank of Tokyo Mitsubishi UFJ, Credit Suisse Group A.G. (NYSE: CS), Lloyds Banking Group, Rabobank Groep, Royal Bank of Canada, Société Générale, Norinchukin Bank and WestLB. (WSJ)

Trading in the yuan has become more volatile. (WSJ)

Samsung’s profits rise 9%. (WSJ)

Amazon.com Inc. (NASDAQ: AMZN) posts a third-quarter loss. (WSJ)

Yahoo! Inc. (NASDAQ: YHOO) buys mobile app maker Stamped. (WSJ)

Procter & Gamble Co.’s (NYSE: PG) quarterly numbers help lower pressure on its CEO to show better results. (WSJ)

Wal-Mart Stores Inc. (NYSE: WMT) says it will open 100 new store in China. (WSJ)

Microsoft Corp.’s (NASDAQ: MSFT) Surface tablet puts it in competition with several customers. (NYT)

Sprint-Nextel Corp. (NYSE: S) posts a large loss on a drop in subscribers. (NYT)

Stocks start to fall after Apple misses its numbers. (FT)

Samsung surges past Nokia Corp. (NYSE: NOK) in mobile phone sales in the third quarter. (Bloomberg)

Spain’s unemployment rate rises above 25%, according to the National Statistics Institute. (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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