Media Digest 6/3/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Published: June 3, 2010 4:01 am

Last Updated: June 3, 2010 5:23 am

Reuters: G20 nations have no agreement on a bank levy.

Reuters: Buffett’s testimony before the Financial Crisis Inquiry Commission did little to change members’ views of the ratings agencies.

Reuter: Facebook’s CEO has not set a date for an IPO.

Reuters: Tablet PCs are seen as a follow-up to the success of netbooks.

Reuters: Shares in Tokyo rose 3%.

Reuters: The BOJ warned of dangerously high levels of public debt.

Reuters: Nearly 5 million people have downloaded the Skype app for the Apple Inc. (NASDAQ: AAPL) iPhone.

Reuters: Ebay’s (NASDAQ: EBAY) CEO says iPhone app downloads could triple.

Reuters: AT&T (NYSE: T) will stop its unlimited data plan.

Reuters: General Growth will stick with the Brookfield bid.

WSJ: Digital self-publishing is hurting the book industry.

WSJ: AT&T will charge heavy bandwidth users.

WSJ: Retail sales stayed weak in May according to MasterCard Spending Plus

WSJ: Plans to limit trading are causing good traders to leave banks.

WSJ: Germany and France are battling over financial regulations.

WSJ: Walgreen Co. (WAG) will start to sell beer and wine again.

WSJ: Qualcomm’s (NASDAQ: QCOM) Flo TV has not attracted many customers.

WSJ: Arm, IBM (NYSE: IBM) and others will start a venture to advance Linux.

WSJ: US car sales rose in May

WSJ: Electric cars may run into the problem of how long they can go without charges.

WSJ: Ford Motor (NYSE: F) will phase out Mercury.

WSJ: Nielsen plans an IPO.

WSJ: Agriculture Bank of China has set a huge IPO

NYT; Nokia-Siemens is in talks to build LTE for a number of carriers.

NYT: A new report from Dartmouth questions healthcare savings.

NYT: The founders of file sharing company Kazaa are selling music online.

NYT: Toyota (NYSE: TM) May sales were below expectations.

FT: BP plc (NYSE: BP) said it was not ready for the Deepwater Horizon spill.

FT: Steve Jobs of Apple sees a decline in the popularity of Microsoft (NASDAQ: MSFT) Windows.

FT: Greece has begun the process of privatization.

Bloomberg: BP (NYSE: BP) may sell its Prudhoe Bay stake to finance Gulf problems.

Bloomberg: Exxon Mobil (NYSE: XOM) will up its bet on algae biofuels to $600 million.

Bloomberg: Skype will charge for 3G calls.

Bloomberg: Lexus sales remained well ahead of Mercedes and BMW.

Bloomberg: American International Group (NYSE: AIG) bankers say its AIA unit is worth $36 billion.

Douglas A. McIntyre

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