Jeremy Hunt has approved News Corporation’s plan to spin off Sky News, clearing the way for Rupert Murdoch’s proposed takeover bid the for 61% of BSkyB that it does not already own. The statement in full.
ARCHIVE ▸ Liz Jaques
Facebook is now used by 30 million people in the UK – around half of the population – according to Joanna Shields, vice president of Facebook Europe.
ITV saw its pre-tax profit almost triple last year to £321 million following a market-beating rise in TV ad revenues (up 16%).
There was a mixed response to net neutrality – the idea that all legal traffic on the internet should be treated equally and that ISPs should be unable to segregate or discriminate, whether in an attempt to stifle competition, or block certain types of traffic – at this morning’s Westminster eForum.
The O2 chief executive Ronan Dunne has warned that the UK mobile market needs to adopt a “co-operative” approach to avoid further constraints and delays to the 4G auction.
Google has seen a significant rise in searches from mobile devices – up 30% quarter on quarter.
Sales of tablet devices will hit 58 million units by 2014, according to In-Stat.
Rupert Murdoch plans to extend The Daily’s two-week free trial (sponsored by Verizon) for “several more weeks at least”, according to paidContent.org.
Mobile TV is expected to grow at a CAGR of more than 47% during 2010-2013, according to RNCOS’ Global Mobile TV Forecast.
Pearson has reported a 12% year on year revenue rise at the FT Group, publisher of the Financial Times.