FT launches £2k-a-year networking site

The Financial Times is launching a social networking service for top executives in the media and technology sectors with membership costing up to £2,000 per year. By Mark Sweney

Telegraph pays out to Kidman

The Daily Telegraph today agreed to pay 'substantial' damages to Nicole Kidman over claims she preferred another perfume to Chanel no 5, the fragrance she is paid to promote. By Chris Tryhorn

Kidman takes action against Telegraph

Nicole Kidman is taking legal action against the Daily Telegraph over a gossip column item alleging that her favourite perfume was not the one she was paid to promote. By Leigh Holmwood

Sun pays damages to Diaz over ‘snog’ claims

12pm: The Sun has apologised and agreed to pay 'substantial' libel damages to Cameron Diaz over false allegations published on its front page that she had a 'three-minute snog' with a married man. By Claire Cozens.