Media Digest (10/6/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

Steve Jobs, the cofounder of Apple (NASDAQ: AAPL), dead at 56.

Microsoft (NASDAQ: MSFT) may make a bid for Yahoo! (Reuters)

Sprint-Nextel (NYSE: S) to sell the iPhone with an unlimited data plan. (Reuters)

The EU likely will allow Microsoft to buy Skype. (Reuters)

Twenty-five states voice concern about an Express Scripts (NASDAQ: ESRX) takeover of Medco Health Solutions. (NYSE: MHS). (Reuters)

Banks repay $4 billion to TARP that was meant for small business. (WSJ)

U.S. Postal System hopes to handle more junk mail as a way to increase volume. (WSJ)

Morgan Stanley (NYSE: MS) still fights to show the market that its balance sheet is safe. (WSJ)

Germany suggests a system to backstop EU area banks that cannot be rescued by their countries. (WSJ)

Oracle (NASDAQ: ORCL) to increase its use of cloud computing. (WSJ)

Greece sees larger strikes against austerity. (WSJ)

Friendly’s restaurant chain filed for bankruptcy. (WSJ)

Microsoft and Hulu increase their paid video businesses. (WSJ)

Bank of America (NYSE: BAC) says problems with its website are due to upgrades. (WSJ)

The Federal Reserve says it made progress on plans to change the compensation of big bank senior management. (NYT)

EU banks to be the subject of stress tests meant to see what effects write-downs of sovereign debt would have. (FT)

Tim Geithner says the EU debt crisis could cause global problems. (Bloomberg)

Douglas A. McIntyre