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Thursday, September 21, 2006

Media Digest 9/21/2006 Reuters, WSJ, NYT


The Washington Post reports that Hewlett-Packard CEO, Mark Hurd, approved a "sting" operation on a reporter as part of the company's board spying scandal.

Reuters reports that Electronic Arts has received SEC requests for options backdating information, causing the company's shares to fall.

Reuters reports that a member of the US Senate has confirmed that Boeing has won a $2.1 billion border security contract.

Reuters writes that Airbus has confirmed more delays in its 380 super jumbo jet.

The Wall Street Journal writes that online community site, Facebook, is in talks to sell itself to Yahoo!. The company also had talks with Microsoft and Viacom. The price could be close to $1 billion.

The Tribune Company's board is considering options including selling its broadcast operations or going private.

Several software companies are lobbying the EU against release of Microsoft's new operating system, according to the WSJ. These companies include Adobe Systems and Symantec.

According to the New York Times, Wal-Mart will test prices on a number of generic drugs in a move to provide lower costs to its customers.

Douglas A. McIntyre

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