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Media

Media Digest (6/5/2012) Reuters, WSJ, NYT, FT

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By Douglas A. McIntyre Published
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The G7 will hold emergency talks about the eurozone, with special consideration of Spain. (Reuters)

A Reuters/Ipsos poll shows that few Facebook users buy goods and services because of advertising and “likes,” and many users were spending less time on the site. (Reuters)

Hewlett-Packard (NYSE: HPQ) says Oracle (NASDAQ: ORCL) violated a software develop contract; HP sues for billions of dollars. (Reuters)

Apple (NASDAQ: AAPL) hits a delay in attempts to keep Samsung tablets out of the U.S. (Reuters)

Google (NASDAQ: GOOG) will buy social media company Meebo. (Reuters)

Apple will no longer use Google Maps on the iPad and iPhone as it releases its own map product. (WSJ)

Germany wants the European Union to regulate the largest banks in the region. (WSJ)

A new Chesapeake Energy (NYSE: CHK) board will curtail the actions of the firm’s chief executive. (WSJ)

The American Public Transportation Association says cities are cutting transportation systems. (WSJ)

India may cut rates to stimulate its economy. (WSJ)

A number of Walmart (NYSE: WMT) shareholders vote against the nomination of several directors, including CEO Michael Duke. (WSJ)

Salesforce.com (NYSE: CRM) will buy social media firm Buddy Media. (WSJ)

Walt Disney (NYSE: DIS) will limit advertisers of junk foods from marketing on its media properties. (NYT)

More companies warn about earnings because of slow sales in Europe. (NYT)

Lower oil prices probably help U.S. consumers. (FT)

Portugal will put 6.6 billion euros into its troubled large banks. (FT)

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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