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Google has reported a 24% year on year increase in net profit for the second quarter of 2010, from $1.48 billion to $1.84 billion.

The government today published plans to scrap local-cross media ownership rules by the end of November.

The US advertising economy will grow by 2.1% during 2010, excluding political and Olympic advertising on TV, according to a new forecast by Magna Global.

BBC One’s new thriller The Silence banked the all-important 9pm to 10pm peak-hour for the third night running last night.

Spending on new, first-run UK programming by the BBC, Channel 4, ITV and Five fell 6% between 2008 and 2009, new Ofcom figures reveal.

Raymond Snoddy says the NMA’s new Creative Benchmarking for national newspaper advertising is another valuable candle in the darkness, but “in difficult times for newspapers, it is increasingly clear that there is no magic potion to cure the problem”…

The Central Office of Information (COI) has appointed Simon Marquis as non-executive board director.

New RAJAR figures reveal that 20% of smartphone owners, or 1.4 million people, have downloaded a radio app.

In our latest weekly column, Howard Sharman, asks whether Rupert Murdoch has finally “realised something that has eluded the business publishers, formerly the masters of targeted audiences? Is he willing to lose millions of (valueless) unique users because the ones that will be left are so much more valuable to advertisers?”

BBC One’s new thriller The Silence secured the highest ratings during the 9pm to 10pm peak-hour once again last night with 4.6 million peak viewers.