The Guardian and Observer made a loss of £44.2 million last year and will be downsized in order to save around £7 million in editorial expenditure. Alan Rusbridger, editor-in-chief of the Guardian and executive editor of the Observer said that the newspaper group needed to become “smaller”.

According to the new Ofcom Communications Market Report, 40% of Britons now own a smartphone, while tablet ownership in the UK has increased from 2% to 11% over the past year.

Sky’s launch of Now TV, the on-demand video service which is set to include Sky TV programming later this year, constitutes a further example of a change of strategy at BSkyB.

The BBC has confirmed that it will continue to provide analogue transmissions, with the government yet to decide upon a date for the adoption of digital radio.

It was a case of unlucky Friday 13 for the Sun as sales dropped by 135,000 due to the combination of a “wrapped” front cover, the first in the newspaper’s history, and a recent 10p price rise.

Google is introducing a new “mute this ad” icon in order to allow users to choose what ads they want to see, and which ones they don’t.

Earlier today Marissa Meyer was announced as the new CEO and president of Yahoo, bringing the 37-year-old’s 13 years of service with Google to an end.

By including tags and transcriptions in online video content, advertisers can increase the relevance of the products they are advertising by linking with relevant shows.

Having successfully tapped into the smartphone market with its Android operating system, it is unsurprising that Google looked to replicate this success with its Google TV platform.

Research by IBISWorld has concluded that TV advertising is becoming less enticing due to audience fragmentation brought about by recent technological developments.