Facebook now accounts for almost 60% of all social networking traffic in the US, according to new research by Hitwise.

YouTube has launched its promoted videos programme in the UK in a bid to replicate its US success.

BBC One’s Tuesday evening line-up proved to be a ratings-winner, securing the peak audience from 7.30pm right the way through to 11pm, while the all-new Around the World in 80 Days banked the prime time top spot.

Pixar’s latest feature film Up had the 3rd highest opening weekend of the year, taking an impressive £6.4 million at the box office.

Shazam has signed a new deal with the ad network 4th Screen Advertising to offer targeted advertising opportunities on the brand’s mobile application.

JCDecaux has set up two new networks in its StreetTalk portfolio to specifically target fashion brands.

Telegraph Media Group and Times Newspapers are considering scrapping their bulk sales.

Advertising revenues are expected to decline by just 1.3% in 2010, according to Magna’s revised US Media Advertising Forecast.

YouTube is set to launch its ad-funded VoD content offer next month.

BBC One’s new prime time series Life debuted with almost 7 million peak viewers between 9pm and 10pm last night.