Hundreds of jobs to go at AOL as revenues fall
11.15am: Troubled America Online is cutting hundreds of US jobs in a bid to offset a sharp decline in advertising revenues. By Owen Gibson.
AOL admits core revenues will fall 50%
AOL Time Warner yesterday warned advertising and commerce revenues from its core ISP would fall by up to 50% next year. By David Teather.
AOL warns of 40% fall in advertising revenue
3.45pm: AOL is to offer web users exclusive access to content from Time magazine and CNN in a bid to boost subscriber numbers. By Claire Cozens.
Movie mogul bids for Vivendi’s big screen break-up
Oil billionaire Marvin Davis has approached Vivendi Universal about what amounts to a $20bn (£13bn) break-up bid for the Franco-US media group. By Mark Milner.
First profit for Lastminute
9.30am: Lastminute.com, the internet company that became a byword for the misplaced optimism of the dotcom heyday, has posted its first-ever profit, writes Julia Day.
Freeserve wins case against BT
BT yesterday came under attack for the way it sells fast internet or broadband services and the prices it charges other telecoms companies to connect customers to its network of local telephone exchanges. By Richard Wray.
Written word works better than spoken for Microsoft
Bill Gates yesterday announced the pen is mightier than the keyboard as the Microsoft chairman launched the long-awaited Tablet PC. By Richard Wray.
Three arrested in Ericsson spying scandal
Telecoms group Ericsson was caught up in an international espionage scandal yesterday after Swedish security police arrested three people for allegedly handing over its secrets to a foreign power. By Mark Milner.
Telewest agrees debt deal
Shareholders in cable company Telewest will be left with just 3% of the company if terms of a radical financial restructuring announced yesterday are approved. By John Cassy.
Freeserve scores point off AOL
Freeserve has claimed a small but significant victory in its long-running battle with AOL, which it claims has been given a £100m advantage by not having to pay VAT. By Richard Wray.
Digital piracy spat heads to high court
EasyJet chief Stelios Haji-Ioannou is on the defensive against legal action alleging music piracy over the internet, reports Richard Adams.
Fraud investigators examine AOL/Homestore.com deal
10.15am: Ex-AOL executive Eric Keller is to emerge as a key figure in the US government's fraud case against property website Homestore.com. By Owen Gibson.
Brothers score £120m on Xbox
Three brothers who created one of Britain's most successful computer games developers were yesterday £120m richer after selling their company to Microsoft. By John Cassy.
Film Four seeks vows of cash for pope
Financially stretched Channel 4 is battling to avoid a further multimillion pound loss as one of the final projects from Film Four, a period epic starring Sir Anthony Hopkins, teeters on the brink of collapse. By John Cassy.
Jarvis joins dragon in BT’s £1m-a-day broadband plug
BT announces one of the most intensive advertising campaigns to be launched in Britain, to persuade households to sign up to high-speed broadband internet services.