Media Digest: Reuters, WSJ, NYT, FT, Bloomberg

Jamie Dimon picks many of the current directors of the J.P. Morgan Chase & Co. (NYSE: JPM) board. (Reuters)

Google Inc. (NASDAQ: GOOG) releases a streaming music service. (Reuters)

JANA Partners take large stakes in Groupon Inc. (NASDAQ: GRPN) and Zynga Inc. (NASDAQ: ZNGA). (Reuters)

The European recession is the longest since World War II. (WSJ)

The Department of Homeland Security says Bitcoin is part of an unlicensed money business. (WSJ)

Japan's gross domestic product rises 3.5% in the first quarter. (WSJ)

J.P. Morgan asks Bloomberg for data obtained by the news service from the trading terminal firm. (WSJ)

Gold plunges below $1,400. (WSJ)

Banks successfully fight regulators on whether they can trade certain types of derivatives. (NYT)

Google's market cap rises above $300 billion. (FT)

Cisco System Inc.'s (NASDAQ: CSCO) forecast helps fuel confidence in an IT recovery. (FT)

George Soros sells much of his gold holdings before the price drop. (Bloomberg)

China is still the largest holder of U.S. debt, though its reserves of American paper fell 0.1% in March to $1.25 trillion, or 11% of the total.

Filed under: 24/7 Wall St. Wire, Press Digest Tagged: CSCO, GOOG, GRPN, JPM, ZNGA