Media Digest 2/11/2008 (MSFT)(TWX)(YHOO)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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According to Reuters, Societe Generale will raise almost $8 billion at a large discount to its current stock price.

Reuters writes that Hugo Chavez has threatened to seize foreign milk plants in Venezuela.

According to the Times Yahoo! (YHOO) has revived merger talks with Time Warner (TWX) unit AOL.

The Wall Street Journal reports that Motorla (MOT) and Nortel (NT) are in talks about a joint venture to merge their telecom equipment businesses.

The Wall Street Journal writes that Hugo Chavez of Venezuela has threated to cut off oil to the US because Exxon (XOM) is trying to seize some of the countries assets in exchange for its assets which were nationalized.

The Wall Street Journal writes that Time Warner (TWX) is trying to cut the autonomy of New Line.

The Wall Street Journal writes that drops in the value of LBO debt and securities backed by student loans and munis threaten to cause more big problems in the financial sector.

The New York Times writes that the auction of Getty Images does not appear to be working.

The FT writes that Microsoft (MSFT) will take its bid to Yahoo! shareholders.

Bloomberg writes that Delta (DAL) and Northwest (NWA) are closer to a merger.

Douglas A. McIntre

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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