Media

Media Digest (8/30/2010) Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   The Bank of Japan eased policy to fight a rise in the yen.

Reuters:   Obama said the economy is not growing fast enough.

Reuters:   Intel (NASDAQ: INTC) will buy Infineon’s mobile unit for $1.4 billion.

Reuters:   The National Association of Business Economists said growth is on the right track.

Reuters:   India is meeting on a ban of the Research In Motion (NYSE: RIMM) Blackberry

Reuters:   Oil stayed at an eight-day high on the belief the nations will work to resume growth

Reuters:   Google Inc. (NASDAQ: GOOG) bought social network tool supplier Angstro.

Reuters:   Online video arrangements are the critical factor to carriage negotiations between Walt Disney Co. (NYSE: DIS) and Time Warner Cable (NYSE: TWC)

Reuters:   Dell Inc. (NASDAQ: DELL) is thinking about matching a Hewlett-Packard (NYSE: HPQ) offer for 3Par (NYSE: PAR).

Reuters:   Nokia (NYSE: NOK) and Siemens (NYSE: SI) are considering seeking a private equity investment in their telecom equipment joint venture.

Reuters:   BHP Billiton (NYSE: BHP) might sell some Potash (NYSE: POT) assets.

Reuters:   Sanofi-Aventis (NYSE: SNY) made a $18.5 billion offer for Genzyme.

Reuters:   Carlyle bought a 51% stake in Brazil’s Scalina.

WSJ:   China is moving to export high tech based products to the US.

WSJ:   The Justice Department is considering how the Comcast (NASDAQ: CMCSA) bid for the NBCU division of GE (NYSE: GE) could affect online video growth.

WSJ:   Revenue collection by the states rose in the second quarter said the the Nelson A. Rockefeller Institute of Government at the University of Albany, State University of New York.

WSJ:   Wall St. bonuses are moving higher.

WSJ:   Shoppers are doing more buying around their paydays.

WSJ:   China said Japanese firms should pay workers at their Mainland operations higher compensation.

WSJ;   Regulators from around the world will have trouble reaching an agreement on common bank rules.

WSJ:   Governments are closing more hospitals.

WSJ:   Congress has begun to target oil drilling regulators.

WSJ:   The Commerce Department will like $550 million of imported Chinese aluminum was illegally priced below market.

WSJ:   The Oxford English Dictionary may go completely online.

WSJ:   VMWare (NYSE: VMW) will make it easier for its products to operate as part of cloud computing systems.

WSJ:   The use of the P/E ratio is becoming less important in investing.

WSJ:   Fewer households buy life insurance,  according to Limra.

WSJ:   Wall St. firms may pay bonuses this year to avoid higher taxes on them in 2011.

WSJ:   Suits over the Bank of America (NYSE: BAC) bonus payments to Merrill Lynch employees will move forward.

NYT:   The risks of deepwater drilling are not carefully regulated.

NYT:   China is giving more money to state-owned businesses to help them grow.

NYT:   Few people allow themselves to be targeted online.

NYT:   Orcale (NYSE: ORCL) and Google Inc. (NYSE: GOOG) are using open source software to compete.

FT:   Google’s YouTube plans pay-per-view movies.

FT:   Axa cuts its stake in Goldman Sachs Group (NYSE: GS).

FT:   A large supply of steel will hurt iron ore prices.

FT:   Samsung and Toshiba will push into tablet PCs.

Douglas A. McIntyre

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