Media Digest 5/21/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Reuters:   Shares in Europe plunged

Reuters:   Oil hit the shores of Louisiana

Reuters:   The EU faces scrutiny over whether its austerity measure will be adequate.

Reuters:   The euro moved up in a short covering rally.

Reuters:   Google Inc (NASDAQ: GOOG) launched its new TV product.Reuters:   Samsung says it sees strong cellphone demand.

Reuters:   Abbott (NYSE: ABT) will buy Piramal Health for $2 billion.

Reuters:   Toyota Motor (NYSE: TM) took a stake in Tesla.

Reuters:   Chrysler will probably have an IPO next year.

WSJ:   Fears of an economic slowdown hit stocks.

WSJ:   MySpace and Facebook face privacy problems with their websites.

WSJ:   Dell Computer (NASDAQ: DELL) profits rose as margins fell.

WSJ:   Congress criticized Toyota for problems with its vehicles.

WSJ:   The FCC said in its annual report that the cellphone business is not competitive enough.

WSJ:   The new Senate financial regulation of Wall St. could cut profits at some firms by 20%.

WSJ:   Apple Inc (NASDAQ: AAPL) is gaining ground on Adobe (NASDAQ: ADBE) Flash.

WSJ:   The FDIC says the number of problem banks rose to 775.

WSJ:   The Treasury will sell $166 billion in securities next week.

WSJ:   Mortgage rates continue to drop.

WSJ:   A Fed governor said Europe’s problems could hurt US growth.

WSJ:   ECB head Trichet is facing criticism for changing his policies.

FT:   Smaller bad loans helped improve the financials of US banks according to the FDIC.

FT:   The White House said BP plc (NYSE: BP) efforts to clean up the Gulf are falling short.

FT:   High-frequency trading is the target of the causes of a brief market collapse.

Bloomberg:   A number of scientists disputed the size of the Deepwater Horizon leak.

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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