Ebay pays $50m for Indian website

eBay has staked a claim in India's hothouse economy, agreeing to buy the nation's largest online auction company, Baazee.com, for $50m (£27.5m). By David Teather.

Further profit warning makes Eidos a target

Computer games company Eidos, the creator of Tomb Raider star Lara Croft, in effect hoisted the 'for sale' sign yesterday as it warned on profits again. By Richard Wray.

Welcome to music’s online future

Apple's all-conquering iTunes music store opened for business in Britain yesterday with the first customers going online to choose from 700,000 songs to download legally for 79p each. By Patrick Barkham.

BT battles against low-cost competitors

5pm: BT is launching an £5m advertising fightback against the onslaught of low-cost telephone companies by taking the high ground on customer service. By Patrick Barrett.

Microsoft appeals against EC’s market abuse ruling

Microsoft has taken the first step to overturn a ruling by the European commission that would force the firm to strip Media Player out of its Windows PC operating systems and pay a fine of nearly £350m. By Simon Taylor.

Betfair profits leap

June 1: Betfair recorded an eightfold increase in profits last year, underlining why traditional bookmakers are so concerned by the rise of betting exchanges.

eBay wins the top-brand auction

The dotcom bubble wasted billions of pounds of shareholders' money, but four new-economy companies who survived the great crash unscathed now own the fastest growing brands in Britain, according to a survey. By Dan Milmo.

Broadband gamble pays off for BT

BT's push for growth from new areas such as broadband internet access finally seemed to be bearing fruit yesterday as the company reported a 10% jump in annual profits.By Richard Wray.

Eidos denies bid talks

Eidos, creator of Lara Croft, scotched rumours yesterday it is in takeover talks and admitted sales of its newest game, Hitman: Contracts, have slumped, sending its shares crashing. By Richard Wray.

Napster relaunch takes music industry by surprise

2.45pm: Napster, the online music service that brought the music industry to its knees, was today relaunched in the UK as a legitimate service in a move that record labels hope will revitalise sales. By Owen Gibson.

Schoonmaker takes on big screen role

11.30am: Former Emap Performance boss Tim Schoonmaker, who built the company's radio business, has turned his back on the sector to take over at cinema group Odeon. By Owen Gibson.

BT hails broadband success

10.15am: BT boss Ben Verwaayen said today the broadband revolution was gathering pace, with the company already halfway to achieving its target of 5 million users by 2006. By Owen Gibson.

AOL ups ante in broadband price war

11.30am: AOL has slashed the prices of its high-speed internet services and revealed ambitious plans for video-on-demand and internet telephony. By Owen Gibson