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

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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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

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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