Media

Media Digest (2/15/2012) Reuters, WSJ, NYT, Bloomberg

China offers financial support to the fund that will be used for bailouts of the eurozone’s weakest economies. (MarketWatch)

Greece is in the midst of what may be one of the deepest recessions on record. (Reuters)

A firm that claims it owns rights to certain Apple (NASDAQ: AAPL) iPad features may try to ban exports of the device from China. (Reuters)

A Reuters poll of economists indicates they believe the Fed may raise rates before 2014. (Reuters)

The U.S. cuts it military budget as China builds a large naval fleet. (Reuters)

Samsung may spin out its LCD business. (Reuters)

The government’s General Services Administration begins to issue Apple and Google (NASDAQ: GOOG) Android-based smartphones instead of those from Research In Motion (NASDAQ: RIMM). (Reuters)

Talks between Yahoo! (NASDAQ: YHOO) and Alibaba, which would include a buyout of the portal’s share in the Chinese company, end. (AllThingsD)

Roche says fake versions of the cancer drug Avastin have been found in the U.S. (WSJ)

Federal officials will block the deployment of broadband network Lightsquared, which is funded primarily by Philip Falcone’s equity fund. (WSJ)

In the fourth quarter, Germany’s economy drops while France’s expands. (WSJ)

Congress may have reached a deal to extend payroll tax cuts and unemployment benefits. (WSJ)

Yahoo! faces a proxy fight from activist shareholder Dan Loeb. (WSJ)

The Senate may pass a bill that would require some companies to bolster internet security. (WSJ)

Mexico’s oil regulator says Petrobras (NYSE: PBR), the nation’s largest oil firm, does not have the experience to start two important deep-water drilling projects. (WSJ)

John Paulson, a large investor in Hartford Financial (NYSE: HIG), presses for a breakup of the firm. (WSJ)

Greece is expected to offer its private debt holders a new offer. (NYT)

The German Federal Statistics Office says the Germany economy shrank by 0.5% in the fourth quarter. (Bloomberg)

Douglas A. McIntyre

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