Media Digest 2/11/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   The EU summit will address the Greek bailout.

Reuters:   Google (NASDAQ:GOOG) will test an ultra-high speed broadband system.

Reuters:   Sweden took that top spot from the US for use of telecom technology.

Reuters:   China’s CPI increase slowed. Loan action remained strong.

Reuters:   Credit Suisse (NYSE:CS) posted a profit.

Reuters:   Rio Tinto (NYSE:RTP) numbers beat estimates.

Reuters:   iSuppli says the Apple (NASDAQ:AAPL) iPad costs  as little as $229 to produce.

Reuters:   AIG (NYSE:AIG) launched a new system for executive pay.

WSJ:   About 3,000 small banks may have to cut loan activity due to increases in commercial real estate losses.

WSJ:   The Fed has begun to work on a program to tighten rates.

WSJ:   Germany and France are at work on a plan to rescue Greece.

WSJ:   Toyota (NYSE:TM) says it has made progress as it repairs recalled cars.

WSJ:   Motorola (NYSE:MOT) will consider a break-up of the company.

WSJ:   The iPad highlights the dispute over Flash that Apple has with Adobe (NASDAQ:ADBE).

WSJ:   Apple is in talks with major networks to cut the costs for customers to download TV programs to the iPad.

WSJ:   The price that Toyota (NYSE:TM) gets for its vehicles may drop sharply.

WSJ:   The rate at which Sprint (NYSE:S) lost customers slowed in the last quarter.

WSJ:   Merck (NYSE:MRK) settled some Vioxx suits.

WSJ:   Boston Scientific (NYSE:BSX) will restructure its units.

WSJ:   Wal-Mart (NYSE:WMT) and P&G (NYSE:PG) will produce “family friendly” TV shows to compete with risqué programs.

WSJ:   CME bought 90% of the Dow Jones index business in a deal that values the enterprise at $675 million.

WSJ:   Goldman Sachs (NYSE:GS) will not trim pay in 2010.

NYT:   Readers are upset about e-book prices which have risen above $9.99.

NYT:   GM and Ford (NYSE:F) dealers have begun to offer lower prices to lure Toyota buyers.

NYT:   Unemployment in Silicon Valley is higher than the national average and the worst since 2005.

NYT:   China producer prices rose rapidly in January.

FT:   Gordon Brown says global bank tax will be set soon.

FT:   Apple will sell US  TV shows for $1.

FT:   The CEO of MySpace has resigned.

Douglas A. McIntyre