Media Digest (8/20/2010)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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Reuters:   Korean National Oil made a bid for UK firm Dana Petroleum

Reuters:   Dell (NASDAQ: DELL) and Hewlett-Packard (NYSE: HPQ) shares dropped on concern about a tech slowdown.

Reuters:   Potash (NYSE: POT) is looking for a higher bid than the one made by BHP Billiton (NYSE: BHP)

Reuters:   An Indian executive says that a solution to solve Research In Motion (NASDAQ: RIMM) Blackberry problems as to come from the Canadian company.

Reuters:   The CBO forecast a harsh economy for the next several years.

Reuters:   The Defense Department is looking at tech to improve efficiency.

Reuters:   Alliance Medical may be for sale.

Reuters:   Three US share gas firms are for sale.

WSJ:   The FAA will hit AMR (NYSE: AMR) will $25 million in penalties for maintenance issues.

WSJ:   Apple Inc (NASDAQ: AAPL) will shut down its Quattro wireless advertising network

WSJ:   Barnes & Noble (NYSE: BKS) named the directors it will nominate for election.

WSJ:   Intel (NASDAQ: INTC) will buy McAfee (NYSE: MFE) to move into hardware and software security.

WSJ:   LG is prepared to launch Optimus handsets and tablets.

WSJ:   Lenovo moved from a loss to a profit.

WSJ:   A huge oil slick from the BP plc (NYSE: BP) leak still exists.

WSJ:   The jobs crisis is Greece is worsening with the recession

WSJ:   China is investing more in Asia to cut its reliance on the dollar.

WSJ:   The Treasury will sell $194 billion in new paper

WSJ:   Mortgage rates hit another all-time low.

NYT:   Those who make settlements with the BP plc $20 billion escrow fund may have to waive the right to sue later.

NYT:   People magazine subscribers will get free access to content on the Apple Inc (NASDAQ: AAPL) iPad.

NYT:   Cymbalta, a drug made b y Eli Lilly (NYSE: LLY) can now be used for pain treatment

FT:   Emerging economies have changed the dynamics of global oil demand.

Bloomberg:   Honda Motor (NYSE: HMC) plants in the US are helping cut its problems with sales hurt by the yen.

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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