Google’s share price suffered a fall last night, closing at its lowest point for nine months. The online giant saw its share price fall to $464.19 (£233.75) by close of trading yesterday. Since a November peak of $747.24, Google’s shares have fallen 38%. The dip followed the publication of data by online analyst comScore which… Continue reading Google’s Share Price Falls

The EU has handed out a record €899 million (£680.9 million) fine to Microsoft for charging unreasonable prices to let rivals access its software. The EU competition commissioner, Neelie kroes, told journalists that the fine could have been as much as €1.5 billion. The fine reflects the 488 days within which Microsoft refused to comply… Continue reading EU Fines Microsoft €899

Trinity Mirror has announced that its pre-tax profits reached £203 million in 2007, following the disposal of titles in the south east and The Racing Post. Its revenues for the year were £1.009 billion, compared with £1.073 billion in 2006. Digital revenues at the company now represent 3.7% of total revenues and 6.7% of advertising… Continue reading Trinity Mirror Profits Up

Marketers worldwide believe that 65% of their marketing spend had no discernible effect on consumers in 2007, according to a new report from the Fournaise Marketing Group.The Global Marketing Effectiveness report surveyed 3,000 marketing professionals, questioning them on a range of issues such as the efficacy of different marketing tools and the pressures and concerns… Continue reading Report Claims Marketing Effectiveness At All Time Low

The camp drama of Hotel Babylon was a big hit last night, with guest star Alan Davies helping to bring in a peak audience of 5.1 million adults.The BBC One show, on at 9pm, had an average audience of five million adults (a 23% share).It was a strong night for the Corporation’s main channel, with… Continue reading 5.1m Adults Check Into Hotel Babylon

The Daily Sport is undergoing a relaunch from Monday which will give it a lads’ mag outlook.The relaunch will eventually see the paper get a new cover and a fresh news layout as well as extended football coverage, which are intended to give it the feel of magazines such as Nuts and Zoo.The first phase… Continue reading Daily Sport Gets Revamp

There are still 26 million television sets in the UK which need to be converted to digital or replaced before switchover, according to a new report from The National Audit Office.Although the report found that 85% of households have already switched from analogue to digital TV for their main set, 31% of people do not… Continue reading 26m TV Sets Still To Go Digital

David Attenborough’s Life In Cold Blood was once again the big winner in the Monday night 9pm slot, grabbing a peak audience of 5.5 million adults (a 24.6% share).Last night’s programme looked at snakes, with the courtship of king snakes and the water birth of 15 yellow anacondas just two of the highlights.An average of… Continue reading The Palace No Match For Attenborough’s Snakes

Dennis Publishing has launched a customer publishing arm, Dennis Communications.Headed up by Tim Farthing as commercial director, Dennis Communications will focus on producing and delivering print and digital customer magazines.James Tye, CEO at Dennis Publishing, said: “Dennis Communications will take customer publishing into the 21st Century. Launching Dennis Communications is yet another way Dennis Publishing… Continue reading Dennis Launches Customer Publishing Arm

The Financial Times is to launch a social networking service for media and technology executives.The FT Media and Technology Executive Membership Forum is being launched with the aim of enabling senior executives to “maintain contact with peers and luminaries operating within the digital, new media, mobile and telecoms sectors”.Forum members will receive complimentary passes for… Continue reading FT Launches Networking Website for Senior Executives