Media Digest (3/21/2011) Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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Warren Buffett of Berkshire Hathaway (NYSE: BRK.B) says the Japan disaster is a buying opportunity for companies based there (Reuters)

AT&T (NYSE: T) will buy T-Mobile USA from Deutsche Telekom for $39 billion (Reuters)

AIG (NYSE: AIG) says it expects bids for its subprime bond portfolio (WSJ)

Boeing (NYSE: BA) said its 747 has completed its first test flight (Reuters)

Brent rose to $116 on Libya concerns (Reuters)

Facebook will buy mobile app company SnapTo (Reuters)

Work has begun on the first phone which is part of the Microsoft (NASDAQ: MSFT) alliance with Nokia (NASDAQ: NOK) (Reuters)

Rio Tinto (NYSE: RTP) extended its offer for Riverdale (Reuters)

Intel (NASDAQ: INTC) approached a Hewlett-Packard (NYSE: HPQ) executive as its looks for a CEO (WSJ)

Nissan will re-open its Japan plants (WSJ)

Google (NASDAQ: GOOG) blamed China for problems with its Gmail system (WSJ)

Universum research showed Google (NASDAQ: GOOG) is the most desired employer (WSJ)

Bankers believe that the AT&T deal for T-Mobile is the start of a new era of M&A (WSJ)

Sprint-Nextel (NYSE: S) has problems with the AT&T deal for T-Mobile (WSJ)

Nokia will launch a new smartphone with T-Mobile (WSJ)

The World Banks says the cost of the Japan quake could reach $215 billion (WSJ)

The T-Mobile deal will have anti-trust hurdles (WSJ)

A Nasdaq OMX (NASDAQ: NDAQ) bid for NYSE Euronext (NYSE: NYZ) would have anti-trust trouble (WSJ)

The combined problems of European sovereign debt, Japan, and the Middle East could hurt the recovery (NYT)

Sony’s (NYSE: SNE) prospects in Japan were not badly hurt by the quake (NYT)

Iran has bought gold to cut its exposure to the US dollar (FT)

Buffett says he is concerned about investments in companies like Apple (NASDAQ: AAPL) because their prospects are hard to predict

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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