Media Digest (6/7/2012) Reuters, WSJ, NYT, FT, Bloomberg

LinkedIn (NYSE: LNKD) and eHarmony suffer data breaches that allow millions of passwords to be released. (Reuters)

Janet Yellen of the Fed argues a slow economy may prompt more easing by the central bank. (Reuters)

Newspapers that have turned to online advertising for revenue find that sales are difficult because of competition from other news sites. (Reuters)

Samsung will create a $1.9 billion logic chip production operation. (Reuters)

Apple (NASDAQ: AAPL) continues to try to block U.S. distribution of the new Samsung Galaxy S III. (WSJ)

The head of Nasdaq (NASDAQ: NDAQ) apologizes for glitches in Facebook trading. (WSJ)

Many large businesses are paying smaller ones more slowly than in the past as a means of cash conservation. (WSJ)

Spencer Stuart reports that more companies split the chairman and CEO roles. (WSJ)

Oil prices are still high enough to hurt airline margins, according to the head of the IATA. (WSJ)

Goldman Sachs (NYSE: GS) will name fewer managing directors than in past years. (NYT)

Voters in San Jose and San Diego chose to cut pensions of public employees. (NYT)

More political leaders in Europe support a bailout of Spain. (FT)

Meg Whitman of Hewlett-Packard (NYSE: HPQ) says its recovery could take years. (FT)

China’s investment in Europe rose to $10 billion in 2011 and could reach $250 billion by 2020. (FT)

Unemployment in France rises again, according to the national statistics office INSEE. (Bloomberg)

Nokia (NYSE: NOK) hopes its relationship with AT&T (NYSE: T) will help it gain share in the U.S. (Bloomberg)

Douglas A. McIntyre