Media Digest (12/26/2012) Reuters, WSJ, NYT, FT, Bloomberg

Technology - Media Center - Theater - Whistler - W021987 - CopyJaguar Land Rover will recall some cars in China over safety concerns. (Reuters)

Netflix Inc. (NASDAQ: NFLX) blames Inc.'s (NASDAQ: AMZN) e-commerce outsource operation for a Christmas Eve disruption of the service. (Reuters)

The Obama Administration may extent its home mortgage refinance program to more people with underwater mortgages. (WSJ)

Information from MasterCard Inc.'s (NYSE: MA) SpendingPlus shows holiday sales slowed. (WSJ)

Venture capitalists cut exposure to risk because of failed IPOs, which include Facebook Inc. (NASDAQ: FB), Groupon Inc. (NASDAQ: GRPN) and Zynga Inc. (NASDAQ: ZNGA). (WSJ)

Hardware and search likely will define competition among Apple Inc. (NASDAQ: AAPL), Google Inc. (NASDAQ: GOOG), and Facebook. (WSJ)

Chevron Corp. (NYSE: CVX) will invest in shale fields in Canada so it can ship more natural gas to Asia. (WSJ)

More foreign car companies, including Ford Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM), have expanded into Russia. (NYT)

Google Apps products begins to take more business from Microsoft Corp. (NASDAQ: MSFT). (NYT)

Activist funds that press for changes at companies in which they invest outperformed the market. (FT)

E-reader sales are expected to fall this year. (FT)

Volkswagen may become the number one car company in China after a year-long competition with GM. (Bloomberg)

Douglas A. McIntyre

Filed under: 24/7 Wall St. Wire, Press Digest Tagged: AMZN, CVX, F, FB, GM, GOOG, GRPN, MA, MSFT, NFLX, ZNGA
Read Full Story

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.