Media Digest 2/4/2009 Reuters, WSJ, NYT, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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According to Reuters, Motorola (MOT) is betting much of its future on the Google (GOOG) Android phone system.

Reuters reports that car sales hit a 27-year low.

Reuters reports that Obama plans to set executive pay at companies getting TARP funds at $500,000.

Reuters reports that Panasonic lost $4.2 billion and will cut 15,000 jobs.

Reuters writes that TicketMaster and Live Nation are in merger talks.

Reuters writes that Citigroup (C) will make $36 billion in consumer and business loans.

Reuters writes that Roche sees slower growth.

Reuters reports that KFC parent Yum sees slower growth in China.

Reuters reports that AT&T (T) may buy some Verizon Wireless assets.

Reuters reports that a "buy America" plan could cost US jobs.

Reuters reports that a refinery strike was averted

The Wall Street Journal reports that a loss raise the heat on management at Dow Chemical (DOW)

The Wall Street Journal reports that Russia faces a tough fight on the ruble.

The Wall Street Journal reports that profit warnings at China firms are increasing concern

The Wall Street Journal reports that Congress may try to make private equity assets more transparent.

The Wall Street Journal reports that BHP (BHP) earnings fell.

The Wall Street Journal reports that Google’s (GOOG) power is growing in Washington.

The Wall Street Journal reports that California has the lowest credit rating among US states

The Wall Street Journal reports that Cisco (CSCO) results may be a sign for tech sector.

The Wall Street Journal reports that PNC plans layoffs.

The Wall Street Journal reports that Verizon’s (VZ) growth is slowing.

The Wall Street Journal reports that the net at Disney (DIS) fell.

The Wall Street Journal reports that a former Yahoo! (YHOO) exec will lead the AOL ad unit (TWX).

The Wall Street Journal reports that results at Electronic Arts (ERTS) fell.

The New York Times reports that green energy companies are doing poorly.

The New York Times reports that the cellular industry may not keep growing.

The New York Times writes that the FDA approved at Lilly clotting drug.

The New York Times reports that Apple (AAPL) keeps increasing its ad budget..

The FT reports that Google (GOOG) will be able to track mobile users.

Bloomberg reports that guarantees for toxic assets are gaining support over a "bad bank".

Bloomberg reports that a think tank said the US recession will last until the fourth quarter.

Douglas A. McIntrye

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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