Media Digest (3/22/2011)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Japan may need to work with the G7 to keep the yen low. (Reuters)

Sony (NYSE: SNE) factories and Rio Tinto (NYSE: RTP) expansion plans were hurt by the earthquake’s aftermath. (Reuters)

AT&T (NYSE: T) may sell assets to close the T-Mobile deal. (Reuters)

Citigroup (NYSE: C) reinstated its dividend and will have a ten to-one stock split. (Reuters)

China rare earth prices rose as exports dropped significantly. (Reuters)

Apple (NASDAQ: AAPL) sued Amazon.com (NASDAQ: AMZN) over the App Store trademark. (Reuters)

Opera launched a new mobile browser. (Reuters)

Verizon (NYSE: VZ) said it had no interest in the T-Mobile deal. (Reuters)

Sprint-Nextel (NYSE: S) may need to find a partner. (Reuters)

The Social Security Disability fund will run out of money as states draw capital. (WSJ)

Banks want little legislation about where they can take deposits abroad despite potential capital flow from totalitarian regimes. (WSJ)

AT&T is prepared to fight regulators over its T-Mobile deal. (WSJ)

Boeing (NYSE: BA) and Lockheed Martin NYSE: LMT) will begin a joint venture to build rockets. (WSJ)

China Telecom profits rose almost 10% last year. (WSJ)

The Federal Reserve will release data on its lending programs. (WSJ)

Europe agreed on details of a new bailout fund. (WSJ)

Spring home sales will be helped by deep discounts. (WSJ)

France fined Google (NASDAQ: GOOG) over its Street View software. (WSJ)

Sprint will begin to use Google Voice. (WSJ)

Companies are having trouble dealing with high oil prices which often cannot be passed on to consumers. (WSJ)

A new Novartis MS drup received approval for use in the EU. (WSJ)

Microsoft (NASDAQ: MSFT) sued Barnes & Noble (NYSE: BKS) over patents used in the Nook. (WSJ)

JP Morgan (NYSE: JPM) will make a huge $20 billion loan to AT&T, an example of its M&A power. (WSJ)

Japan disaster costs could rise to $300 billion, a challenge to insurance companies. (WSJ)

Dell’s (NASDAQ: DELL) revenue in In India is close to $2 billion. (NYT)

Natural gas is being considered a replacement for nuclear power. (NYT)

Libya’s large gold reserves may help Gaddafi. (FT)

The new EU debt plan will face ECB resistance. (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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