UK online ad spend worth almost £1bn
8am: UK internet advertising is worth almost half of TV advertising revenues, with just under £1bn spent in the first half of the year, according to research. By Mark Sweney.
BBC signs web deal with Microsoft
1pm update: The BBC and Microsoft have signed a 'memorandum of understanding' for developing the next generation of the corporation's internet-based services. By Steve Busfield.
Shock tactics in war of the consoles
Sony has announced it is to slash the price of its entry level PlayStation 3 console in Japan by 20%. By Justin McCurry.
Arrests deepen Telecom Italia crisis
The crisis surrounding Telecom Italia intensified yesterday when police who were investigating alleged wiretapping at the country's fourth-largest company, arrested 20 people. By David Gow.
Napster on the hunt for buyers
Napster has put itself up for sale and hired bankers to explore interest in the once notorious and now struggling music download service. By Katie Allen.
Prodi adviser quits as police investigate Telecom Italia
The storm enveloping Telecom Italia took on a new dimension yesterday when prosecutors in Rome announced that they would be looking into evidence of criminal wrongdoing. By John Hooper.
Telecom Italia to split off mobile phone business
Telecom Italia turned its back yesterday on its 'convergence' strategy, announcing plans to split the company's mobile phone business from its media and residential broadband operations. by Richard Wray.
Burst Media reverses its revenue optimism
Online advertising group Burst Media warned that annual results for 2006 will be 'significantly below current market expectations'. By Richard Wray.
Viacom chief follows Cruise amid complaints he lacked aggression
Tom Freston, the chief executive of Viacom, has abruptly followed Tom Cruise out of the door of the American entertainment empire after losing the confidence of the company's billionaire octogenarian chairman, Sumner Redstone. By Andrew Clark.
Media firm moves advertising cash to video-sharing sites
Aegis is seeking to exploit the popularity of video-sharing websites such as YouTube, Google Video and Yahoo! Video to gain exposure for its advertising clients as audiences continue to switch from traditional broadcast to online media. By Richard Wray.
Vodafone recruits football-fan fairies to work magic on Uefa deal
Vodafone has revealed a Champions League advertising campaign featuring beer-belly-shaking football fan fairies, in a bid to lock-in customers across Europe. By Katie Allen.
Microsoft strikes ad deal with Facebook
Microsoft has signed a deal with Facebook, the second-largest social networking site in the US, to provide online ad services. By Mark Sweney.
Search goes on for way to tackle Google
Yahoo!'s shares suffered their biggest one-day fall on fears that delays to its new online search ad system would allow Google to increase its dominance among search engines. By Richard Wray.
TalkTalk drops prices in battle for broadband customers
The battle for broadband customers hotted up again yesterday when TalkTalk cut the cost of its 'free' broadband deal following the banning of its advertisements that offered 'free broadband forever'. By Miles Brignall