Media Digest 6/24/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   BP plc (NYSE: BP) began to siphon oil again.

Reuters:   The Wall St. reform bill is almost done.

Reuters:   Venezuela will nationalize some oil rigs owned by a US company.

Reuters:   The Fed weakened its view of the economy.

Reuters:   Senators are not satisfied with the Chinese move on the yuan.

Reuters:   Verizon (NYSE: VZ) and Motorola will battle the iPhone with the Droid XReuters:   Providence Equity is in talks to buy Hasbro (NYSE: HAS).

Reuters:   GM is preparing its IPO and is in talks with financial firms to provide loans to car buyers.

WSJ:   The demand for the Apple Inc. (NASDAQ: AAPL) iPhone is strong in Japan.

WSJ:   Google, Inc (NASDAQ: GOOG) won a landmark copyright case against Viacom (NYSE: VIA) over YouTube content.

WSJ:   Ford Motor (NYSE: F) will put $450 million into a plant in Thailand.

WSJ:   Fannie Mae will levy penalties on some people who default on loans.

WSJ:   Apple’s iPhone is making inroads in the corporate market, a threat to the Research In Motion (NASDAQ: RIMM) BlackBerry.

WSJ:   Apple filed a new lawsuit against HTC.

WSJ:   BP’s spill plans were based on faulty US data.

NYT:   Private equity firms now have $500 billion.

FT:   Facebook has begun to target China and Russia.

Bloomberg:   Apple may sell 1 million iPhones today.

Bloomberg:   Toyota and Nissan plants were hit by strikes in China.

Bloomberg:   Lions Gate is holding merger talks with MGM.

Douglas A. McIntyre