Media Digest 7/28/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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NewspaperAccording to Reuters, KKR will go public on the NYSE at a valuation of $15 billion.

Reuters writes that the production problems with the Airbus 380 are not over.

The Wall Street Journal writes that the SEC will try to expand its rules limiting short selling and increase them to more stocks.

The Wall Street Journal reports that the FCC will rule against Comcast (CMCSA) for restricting video file sharing on its network.

The Wall Street Journal reports that Chrysler may face interest rates 2% higher than it is paying now to refinance $30 billion in working capital this week.

The Wall Street Journal reports that Motorola (MOT) is reorganizing one of its business units to make it easier to sell some of the pieces.

The Wall Street Journal reports that a new search engine, Cuil, has been started to compete with Google (GOOG).

The Wall Street Journal says the SEC is looking into four rumors that hit Lehman’s (LEH) stock.

The New York Times writes that a small firm, Verve Wireless, is trying to help the newspaper industry by making papers mobile.

The FT says the ad slowdown is not spreading to most major media.

Bloomberg writes that Lehman (LEH) has been hit hard compared to other Wall St firms by the highest cost of borrowing since 2000.

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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