Media Digest 9/12/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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According to Reuters, Sony (SNE) will begin to launch new versions of it Blu-ray recorders in it battle against the HD DVD format.

Reuters writes that Yahoo! (YHOO) has won exclusive rights to sell display ads for UK social network site Bebo giving the US portal 11 million more users for its marketing network.

Reuters reposts that News Corp (NWS) says it will not pull its video content from Apple (AAPL) iTunes.

The Wall Street Journal writes that Capital One (COF) is launching a money market fund that will offer rewards points depending on the amount of a customer’s monthly balance.

The Wall Street Journal writes that NTP has sused Verizon Wireless, AT&T (T) and Sprint (S) over use of the company’s patents.

The Wall Street Journal writes that OPEC will slightly increase the supply of oil beginning in November.

The Wall Street Journal writes that Amazon (AMZN) will start a contest for start-ups to bring attention to its online storage and software business.

The New York Times writes that BMW has sued a Chinees automaker over copying the design of one of its cars.

The New York Times writes that more studies have cast doubt on the safety of GlaxoSmithKine durg Avandia.

The FT writes that the mortgage industry could cut as many as 100,000 jobs

Barron’s writes that Texas Instruments (TXN) narrowed its guidance for the quarter but did not change its mid-point.

Bloomberg writes that McDonald’s (MCD) is taking on Starbucks (SBUX) with cheap lattes.

CNN Money writes that almost 700 homes in foreclosure will be auctioned off in Detroit this month.

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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