Media Digest 8/5/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Halliburton (NYSE: HAL) has objected to giving the government advanced notice of its dealings with oil companies on major projects.

Reuters:   Google Inc. (NASDAQ: GOOG) will take on Facebook with a series of deals.

Reuters:   Google’s Android OS has taken the lead in operating system market share.

Reuters:   The social web has  become an Android focus.

Reuters:   A ban of the Research In Motion (NASDAQ: RIMM) BlackBerry in the Middle East has hurt the chances of content executives going to the region.

Reuters:   Verizon Wireless and Google have reached a deal about the speed of traffic over wireless lines.

Reuters:   Barnes & Noble (NYSE: BKS) has drawn PE interest.Reuters:   Goldman Sachs Group (NYSE: GS) may spin off its proprietary trading group.

Reuters:   Carl Icahn increased his holdings in Motorola (NYSE: MOT)

WSJ:   Cell phones make it easier for stalker to track victims.

WSJ:   Intel Corporation (NASDAQ: INTC) will accept changes to its marketing practices to settle antitrust charges.

WSJ:   The SEC is likely to set up a process so that shareholders can directly nominate directors.

WSJ:   Tim Geithner want taxes on the rich to rise.

WSJ:   Morgan Stanley (NYSE: MS) may give up control of its hedge fund due new financial regulations.

WSJ:   Barclays (NYSE: BCS) said its investment operations increase earnings for the bank.

WSJ:   Clearwire (NASDAQ: CLWR) will test LTE 4G wireless along with its own WiMax.

WSJ:   The financial crisis began with money markets in 2007.

WSJ:   California said cities must post compensation online

WSJ:   BP plc (NYSE: BP) is close to killing flow from its well.

WSJ:   Some skeptics said that the report the oil spill has largely dissipated cannot be true.

WSJ:   Time Inc.’s CEO Anne Moore will probably be replaced by Meredith’s Jack Griffin.

WSJ:   Microsoft Corp. (NYSE: MSFT) settled lawsuits with Salesforce.com (NASDAQ: CRM).

WSJ:   The advertising markets have gained strength.

WSJ:   It will be hard to halt the rise of the yen because of an increase in China purchases of the currency.

NYT:   A net neutrality deal between Google and Verizon could lead to higher consumer fees.

NYT:   Transocean (NYSE: RIG) has safety problems at rigs besides the Deepwater Horizon.

NYT:  The IRS has put together a group to battle tax evasion

NYT:   New drugs for hepatitis C and very high cholesterol have done well in trials

FT:   US banks will be hit with weakening profits.

FT:   Investors have begun to turn against the dollar.

Bloomberg:   The ECB may try to move away from investment in certain securities as the financial picture for the region brightens.

Bloomberg:   Wheat hit a 23-month high on a drought in Russia.

Bloomberg:   China will stress test banks for large drops in the nation’s real estate values.

Douglas A. McIntyre