Media Digest (5/2/2013) Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Published
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Lehman Bros. sues Intel Corp. (NASDAQ: INTC) over $1 billion in seized collateral. (Reuters)

Glencore continues to push to buy Xstrata. (Reuters)

Facebook Inc.’s (NASDAQ: FB) mobile business shoots up in the first quarter. (Reuters)

Industrial giant Siemens A.G. (NYSE: SI) lowers forecasts based on a weakening economy. (Reuters)

Royal Dutch Shell PLC (NYSE: RDS-A) CEO Peter Voser to retire next year. (WSJ)

The Federal Reserve will continue its $85 billion a month bond buying, encouraged in part by low global inflation. (WSJ)

Federal regulators want banks to hold higher levels of capital to guard against unexpected, negative events. (WSJ)

Ford Motor Co. (NYSE: F) says it will increase production of its flagship F-150. (WSJ)

Talks about Lenovo buying the International Business Machines Corp. (NYSE: IBM) server group end. (WSJ)

The home price increase trend in China picks up. (WSJ)

Management of Google Inc.’s (NASDAQ: GOOG) YouTube say audience has increased to one billion unique users who watch six billion hours of video a month. (WSJ)

The Defense Department will give security approvals to some Samsung devices and the Apple Inc. (NASDAQ: AAPL) iPhone and iPad. (WSJ)

CBS Corp. (NYSE: CBS) profits are helped by Super Bowl advertising. (WSJ)

Eastman Kodak files to leave bankruptcy. (WSJ)

Boeing Co. (NYSE: BA) hopes to get approval of the 777 for longer range service. (NYT)

Research firm IDC reports tablet sales surged in the first quarter, while PC sales dropped, and the market share of Apple’s iPad fell. (FT)

BMW’s results beat expectations. (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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