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

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

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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