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Europe instructs Google to offer search dominance remedies

Sarah Shearman — Mon, 21 May 2012 16:28:00 GMT

Google has been given a "matter of weeks" by the European Commission to offer remedies to concerns about its dominance of the search market "for the benefit of competition and innovation in the sector".

Facebook valued at $104bn

Sarah Shearman — Fri, 18 May 2012 09:08:00 GMT

Facebook has priced its shares at $38 (£24) as it begins its stock market flotation, valuing the social network at $104bn (£65.8bn), making it one of the most valuable share sales in US history.

My Media Week: Ellie Edwards

Mike Fletcher — Wed, 16 May 2012 14:30:00 GMT

This week, Ellie Edwards, managing director at WPP performance marketing agency Quisma, catches up on her Sunday supplement reading, gets hiring at the rapidly expanding agency, and steals a go on her husband's iPad 3 birthday gift.

MEC celebrates the first 10 years as industry 'perverts'

Arif Durrani and Maisie McCabe — Wed, 16 May 2012 08:30:00 GMT

It may be hard for those forever-young types in the industry to acknowledge, but the agency formerly known as Mediaedge:cia, WPP's aspiring new upstart, is celebrating its 10th anniversary this week.

Yahoo's chief executive Scott Thompson resigns after 5 months

Sarah Shearman — Mon, 14 May 2012 08:52:00 GMT

Yahoo's chief executive Scott Thompson has resigned from his post amid rumours of health concerns, ending a turbulent five months at the helm that have been dogged by accusations he embellished his credentials for the role.

PPA Conference: Create exclusive content for social media, says Elle chief

John Reynolds — Wed, 09 May 2012 13:53:00 GMT

Tweeting from cover shoots featuring celebrities with huge social media followings could be the future for women's magazines, according to Lorraine Candy, editor-in-chief of Elle magazine.

Facebook plans to raise £6.5bn in IPO this month

Sarah Shearman — Fri, 04 May 2012 09:20:00 GMT

Facebook is attempting to raise $10.6bn (£6.5bn), as it prepares the final stages of what is being touted as the largest Silicon Valley IPO in history.

Facebook's Shields and Spotify's Ek among 'social media millionaires'

Sarah Shearman — Mon, 30 Apr 2012 09:23:00 GMT

Joanna Shields, vice-president and managing director of Facebook EMEA, and Daniel Ek, founder and chief executive of Spotify, are among the so-called 'social media millionaires' to feature in yesterday's The Sunday Times Rich List 2012.

Loaded rescued by Katwoman 'porn star'

Nick Batten — Mon, 30 Apr 2012 08:59:00 GMT

Loaded, the original lad's mag, is believed to have been snapped up from administrators by multi-millionaire businessman Paul Baxendale-Walker for an undisclosed sum.

Universal Pictures and Aurasma launch new augmented reality app

Kate Lloyd — Mon, 23 Apr 2012 15:11:00 GMT

Film studio Universal Pictures UK is launching a free app with augmented reality platform Aurasma that will bring 'King Kong' to life in Trafalgar Square.