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

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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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

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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