Media Digest 11/13/2007

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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According to Reuters, News Corp (NWS) CEO Rupert Murcoch says the company is having a strong quarter.

Reuters writes that Yahoo! (YHOO) has entered partnerships to expand its mobile business across Asia.

Reuters writes that the head of OPEC stated that the cartel will make no supply decisions until December.

The Wall Street Journal writes that Bershire Hathaway (BRK) may benefit if bond insurers seek reinsurance to keep their credit ratings high.

The Wall Street Journal writes that the stock boom in China has pushed it financial infrastructure to its limits.

The Wall Street Journal writes that credit agency Fitch downgraded the credit ratings of $37 billion in CDOs.

The Wall Street Journal writes that Wal-Mart (WMT) is changing its healthcare plan in a way that will help a greater number of workers.

THe New York Times writes that Saleforce.com want to become the new Microsoft (MSFT), trying to get thousands of programmers to write applications on top of its software.

The head of agency Publicis warned that internet ad revenue cannot support the valuations of companies like Facebook.

Barron’s writes that the head of Echostar (DISH) says that the country is probably in a recession.

Bloomberg writes that Vodafone’s (VOD) first half numbers beat analyst estimates.

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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