Yahoo! posts £14m profit as revenues rise
9.45am: Internet giant Yahoo! has turned in a profit for the first time in 18 months, writes Owen Gibson.
Ebay takes over PayPal for £1bn
The smouldering embers of the dotcom boom flickered into life yesterday when online auction group Ebay agreed to buy internet payments firm PayPal for £1bn, writes John Cassy.
Up to 60 jobs on the line at FilmFour
12.15pm: Up to 60 staff are expected to be laid off today as a result of Channel 4's decision to close its FilmFour production arm. By Jason Deans.
Fourtou moves in to head Vivendi
Vivendi Universal last night attempted to restore investor confidence as it confirmed the appointment of Jean-René Fourtou, 63, as chairman and chief executive. By David Teather.
Scoot story ends as BT’s buy puts it back in directories business
One of the UK's greatest internet boom and bust stories came to an end yesterday as BT bought out online directories business Scoot.com for just £5m, writes Richard Wray.
Oftel boosts broadband hopes of BT rivals
8.30am: The telecoms watchdog has ruled BT must allow access to its network of high-speed lines at a reasonable price. By Owen Gibson.
Watchdog gives BT go-ahead for single bill
1.45pm: Oftel has enraged BT's rivals by ruling BT can charge customers for its telephone and high speed internet services using a combined bill. By Owen Gibson.
Napster close to rescue deal
10.30am: Embattled music download service Napster could be saved from collapse in a move that would see the company filing for bankruptcy then being acquired outright by German media giant Bertelsmann, writes Owen Gibson.
Napster nears last stanza
Napster, the controversial online song swapping service, is close to going under following the resignation of its founder, Shawn Fanning, along with the firm's chief executive and a number of other senior staff. By David Teather.
Infighting brings Napster to its knees
11.30am: Napster, the music download service that rocked the multibillion pound record industry, is close to bankruptcy. By Owen Gibson.
Nintendo joins price-cut game
The battle for supremacy in the video games market between Sony, Microsoft and Nintendo became a full-blown price war yesterday. By Richard Adams.
Lynch lashes out at Messier
8.30am: Film director David Lynch has said the sacking of Pierre Lescure as head of Canal Plus will lead to a 'McDonald's-style standardisation' of cinema and TV, reports Claire Cozens.
French film stars join rally
4.45pm: French film and TV stars have joined a mass protest outside the Paris headquarters of media group Vivendi Universal. By Claire Cozens and Dan Milmo.
Napster axes one third of staff
Midday: The online music swapping service has laid off 30 employees as it struggles to relaunch, reports Owen Gibson.