Media Digest (20/29/2010) Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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A lawsuit alleges that Toyota Motor (NYSE: TM) secretly bought problem cars. (Reuters)

Microsoft (NASDAQ: MSFT) earnings were better than expected. (Reuters)

The AIA IPO moved up 17% on the Hong Kong exchange. (Reuters)

GM will repay taxpayers $2 billion from its IPO. (Reuters)

The dollar hit lows against the yen not seen since 1995  (Reuters)

Sales of cellphones slowed last quarter but smartphone sales surged.  (Reuters)

Facebook and Twitter’s managements said that social media is the “new normal.” (Reuters)

Intel (NASDAQ: INTC), Samsung and Toshiba will work to cut the size of chips by half (Nikkei)

Potash (NYSE: POT) earnings rose but its stock dropped on concerns that a bid from BHP Billiton (NYSE: BHP) may disappear. (Reuters)

Sanofi-Aventis said it will not raise its bid for Genzyme. (NASDAQ: GENZ)

Halliburton (NYSE: HAL) found problems the could have caused the BP (NYSE: BP) disaster before the event occurred. (WSJ)

Samsung’s profits rose as did those of Honda Motor (NYSE: HMC) and Sony. (NYSE: SNE) (WSJ)

The FDA rejected the Vivus obesity drug. (WSJ)

The G-20 will push the IMF to give loans to troubled regions. (WSJ)

China has begun to push into the global power generation business with a large shipment to India. (WSJ)

AOL (NYSE: AOL) will launch a new home page design. (WSJ)

Nintendo will launch a social game version of its DS. (WSJ)

Sharp and LG say there is glut of TVs. (WSJ)

Blackstone (NYSE: BX) says the deal business has overheated. (WSJ)

The IMF said the value of the dollar was slightly too strong. (WSJ)

Van Eck launched a rare earth ETF.

Cheap debt has helped a private equity revival (NYT)

Solar power projects may falter without government support. (NYT)

Merkel won her bid to get the EU to put into place permanent measures for a future debt crisis in the region. (Bloomberg)

Focus Radar says home sales have slowed in the hardest hit states with real estate problems due to foreclosure problems. (Bloomberg)

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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