Media Digest 9/4/2007 Reuters, WSJ, NYTimes, FT, Barrons’

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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According to Reuters, American Blind & Wallpaper Factory Inc has dropped its long-running suit against Google (GOOG) for running ads for competitors when search results for a company appear.

Reuters writes that Starbucks (SBUX) will begin to sell its coffee to work in Kraft (KFT) Tassimo home coffee makets.

Reuters writes that Sony (SNE) will list shares of its financial company and raise about $3 billion.

The Wall Street Journal writes that Mattel (MAT) is being investigated by Consumer Product Safety Commission over how quickly it disclosed problems with some of its toys.

The Wall Street Journal writes that Sony (SNE) is expanding its video download service.

The New York Times writes that the UAW may not accept new pension and health plans which are part of current negotiations with car markers.

The New York Times also reports that Microsoft’s (MSFT) open document format, Office Open XML, is likely to be accepted as the international standard.

The FT writes that the CEO of Acer has hit back over crticism that his firm is buying Gateway (GTW).

Barron’s writes that the financing of First Data’s buy-out will answer questions about the current appetite for private equity debt.

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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