Media Digest 7/18/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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According to Reuters, analysts looking at results from Google (GOOG), Microsoft (MSFT), and IBM (IBM) are cautiously optimistic about upcoming tech earnings.

Reuters writes that Merrill Lynch (MER) posted a loss of $4.9 billion and sold its share of Bloomberg.

Reuters writes that Yahoo! (YHOO) may go back to News Corp (NWS) for a potential deal if it cannot make progress with Time Warner’s (TWX) AOL.

The Wall Street Journal reports that Freddie Mac (FRE) may try to raise $10 billion..

The Wall Street Journal writes that AMD’s (AMD) CEO was replace after several quarters of bad results. The company also said it lost $1.2 billion in the last quarter.

The Wall Street Journal reports that Starbucks (SBUX) sent out the list of the 600 stores it would close.

The Wall Street Journal writes that the EU brought anti-trust charges against Intel (INTC).

The Wall Street Journal reports that Wachovia (WB) has been hit by a auction rate probe.

The FT reports that the IMF says emerging economies must make the fight against inflation their "top
priority."

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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