Media Digest 10/24/2007

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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According to Reuters, shares in Amazon (AMZN) dropped on concerns about margins in it latest earnings.

Reuters writes that RIM (RIMM) will start to market its Blackberry in China.

Reuters reports that Oracle (ORCL) has set a deadline of Sunday on its bid to buy BEA (BEA).

Reuters writes that Wal-Mart (WMT) is making a bid to convince Wall St. that it is still a growth company.

Reuters writes that Google (GOOG) has cut a deal with Nielsen on TV audience data.

The Wall Street Journal writes that Merrill Lynch (MER) wrotes down $7 billion in its last quarter.

The Wall Street Journal writes that owners of structured investment vehicles need to find investors for $100 billion in debt that comes due in the next few months.

The Wall Street Journal reports that increases in Verizon’s (VZ) TV subscribers is complicating the vote on taking cable TV firm Cablevision (CVC) private.

The Wall Street Journal has aaked Glaxo (GSK) to put a warning lable about heart attack risks on its diabetes drug Avandia

The Wall Street Journal writes that Qualcomm (QCOM) is announcing new chips to let laptop computers use multiple cellular data services, hoping to outflank a high-profile alternative called WiMAX.

The Wall Street Journal writes that Countrywide (CFC) is seeing option adjustable-rate mortgages go bad in addition to other types of loans in its portfolio.

The Wall Street Journal writes that Cisco (CSCO) has bought WiMax euiment start-up Navini, aligning itself with Intel (INTC) as a proponent of the new tech.

The New York Times writes that Amgen (AMGN) won a patent battle with Roche over the European company’s anemia drug

The FT writes that Wal-Mart (WMT) is shifting its focus outside to outside the US.

Barron’s writes that shares in Infinera (INFN) fell on poor sales figures.

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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