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Media

Media Digest 1/2/2007 Reuters, FT, WSJ, NYTimes, Barron’s

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By Douglas A. McIntyre Published
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According to Reuters, Korean car maket Hyundai expects it global revenue growth rate to double in 2007 based on strong foreign sales and a higher mix of luxury cars. Oerall vehicle sales are expected to rise 9% in 07.

The Wall Street Journal writes that the new AT&T including BellSouth expects most of its near term growth to come from its Cingular wireless unit and advertising. AT&T will begin selling ads on mobile phones, TV, and internet access.

The Wall Street Journal reports that, despite stronger than expected December sales, Wal-Mart still has a great deal to do to convince investors that its US unit is recovering.

The New York Times reports that Avis will begin to offer service that can connect its car to Wi-Fi spots.

Barron’s writes that the need for more processing power in notebooks to run Microsoft’s Vista OS could help sales of AMD chips.

FT.com writes that there were a record $150 billion in delistings, mostly from the NYSE and London Stock Exchange, as companies went private.

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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