Media Digest (1/16/2013) Reuters, WSJ, NYT, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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The World Bank cuts its outlook for 2013. (Reuters)

Facebook Inc. (NASDAQ: FB) releases a search feature to be used among members, and Wall St. is unimpressed, sending shares down. (Reuters)

The ACEA says car registrations fell 8.2% last year. (WSJ)

Many Morgan Stanley (NYSE: MS) bankers will have their new bonuses paid over several years. (WSJ)

Bank of America Corp. (NYSE: BAC) will reenter the home mortgage business. (WSJ)

Facebook insiders have sold $775 million worth of shares in the past five months. (WSJ)

The German economy drops in the fourth quarter because of trouble in the balance of Europe. (WSJ)

Silver Lake Partners may offer $13 to $14 a share for Dell Inc. (NASDAQ: DELL). (WSJ)

Royal Dutch Shell PLC (NYSE: RDS-B) begins to focus more on natural gas exploration. (WSJ)

The European Union will place more restrictions on the actions of credit rating agencies that often rate sovereign debt. (WSJ)

Wal-Mart Stores Inc. (NYSE: WMT) sets a 10-year pledge to buy $50 billion of goods made in America. (NYT)

SAP A.G. (NYSE: SAP) earnings miss forecasts. (FT)

Alibaba retains Credit Suisse Group (NYSE: CS) and Goldman Sachs Group Inc. (NYSE: GS) to lead a $4 billion initial public offering. (Bloomberg)

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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