Media Digest 7/24/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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NewspaperAccording to Reuters, Amazon (AMZN) earnings beat Wall St. forecasts.

Reuters reports that Ford (F) wil keep its small pick-up plant open for two years.

Reuters writes that the head of Microsoft’s (MSFT) online buiness left the company.

Reuters writes that Goldman Sachs (GS) has raised $10 billion to invest in LBO loans.

Reuters writes that Facebook will allow many of its applications to run on outside websites.

The Wall Street Journal writes that Qualcomm (QCOM) and Nokia (NOK) have ended their long-term IP fight.

The Wall Street Journal reports that the collapse of SemGroup, a private oil-marketing firm may have helped the drop in oil prices.

The Wall Street Journal reports that GM’s (GM) global vehicle sales fell 5% in Q2

The Wall Street Journal writes that Credit Suisse (CS) had a sharp drop in net income.

The Wall Street Journal writes that the Actic has vast deposits of oil

The Wall Street Journal reports that Intel (INTC) has brought out a new generation of multifunction chips.

The Wall Street Journal writes that the FCC is near approval of the Sirius (SIRI) merger with XM (XMSR).

The Wall Street Journal reports that Google (GOOG) has launched a rival to online information source Wikipedia.

The Wall Street Journal writes that the drop in oil is taking pressure off the Fed.

The Wall Street Journal reports that the rise in informal loans in China may hurt the economy.

The Wall Street Journal writes that Sprint (S) will sell some of its cell phone towers to pay down debt.

The New York Times reports that the Fed beige book shows the economy gettng worse.

The New York Times writes that Toyota (TM) has passed GM (GM) in global auto sales.

The FT writes that ad sales at The New York Times (NYT) dropped almost 17% last 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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