Facebook's growing list of friends
From Financial Times. Posted March 17 2010, 10.04pm
The high-growth phase means that the social networking website can take its time developing ways to increase revenues. (more)

Tencent warns on China texts crackdown
From Financial Times. Posted March 17 2010, 7.31pm
Chinese internet company says crackdown on mobile text messaging is starting to hurt its business... (more)

The Viral Video The Book Publishing Industry Wants To Believe
From paidContent:UK. Posted March 17 2010, 7.01pm
What direction is the book industry heading? Penguin Group subsidiary Dorling Kindersley Books prepared this video on the “end of publishing” for a sales conference and it was reportedly such a hit that the company decided to share it with all. (more)

OFT clears way for Alexander Lebedev to buy Independent
From The Independent. Posted March 17 2010, 6.41pm
The prospect of a deal between Independent News & Media and Russian billionaire Alexander Lebedev to take over The Independent and the Independent on Sunday moved a step closer today after the UK's competition watchdog said there was no need for an enquiry. (more)

Tampon-makers can't mention the V-word. Period. | Richard Adams
From Media Guardian. Posted March 17 2010, 6.39pm
An advertising campaign for tampons is rejected by US television networks for daring to include the word vaginaFor years, advertising for tampons and "sanitary products" have been shrouded in nebulous euphemism. (more)

Net piracy puts 1.2m EU jobs in peril, study shows
From Media Guardian. Posted March 17 2010, 6.35pm
The report 'Building a Digital Economy: The Importance of Saving Jobs in the EU's Creative Industries' reckons that in 2008 piracy cost the sector £10bn in lost revenuesA quarter of a million British jobs in the music, film, TV, software and oth... (more)

OFT rules Alexander Lebedev can buy Independent
From The Times. Posted March 17 2010, 6.09pm
Alexander Lebedev moved a step closer towards buying the Independent newspapers today after the Office of Fair Trading (OFT) ruled that the deal would raise no competition issues. (more)

Lebedev gets Independent go-ahead
From BBC News. Posted March 17 2010, 6.05pm
Alexander Lebedev moved closer to control of the Independent newspapers after the deal was allowed by the Office of Fair Trading. (more)

Public notices plans dropped after industry protests
From Hold the Front Page. Posted March 17 2010, 5.31pm
Councils must continue using press to publicise information... (more)

'Mobile apps will outsell CDs by 2012'
From Media Guardian. Posted March 17 2010, 4.15pm
Report for app store GetJar forecasts number of downloads will rise from 7bn in 2009 to almost 50bn in 2012Mobile app downloads are expected to increase from more than 7bn downloads in 2009 to almost 50bn in 2012, according to a report. (more)

OFT clears Lebedev takeover of Independent
From Press Gazette. Posted March 17 2010, 4.14pm
The Office of Fair Trading has cleared the likely takeover of the Independent and Independent on Sunday by the Russian billionaire, and owner of the London Evening Standard, Alexander Lebedev. (more)

Mecom unveils online plan as profits plunge
From The Times. Posted March 17 2010, 3.59pm
Mecom, the European newspaper group, reported a 64 per cent fall in profits last year as it set an ambitious three-year target for growth in its online operations. (more)

Holyrood drops online council ads plan
From Media Guardian. Posted March 17 2010, 3.03pm
Labour, Tories and newspaper industry had opposed SNP proposal to allow councils to put statutory notices onlineControversial plans to allow Scotland's 32 councils to stop using local newspapers for public notices have been dropped after furious complaints by MSPs at Holyrood and industry leaders. (more)

OFT clears Lebedev to buy Indy
From Media Guardian. Posted March 17 2010, 3.00pm
Potential purchase of Independent titles by London Evening Standard proprietor not a competition issue, rules OFTAlexander Lebedev has moved a step closer to taking control of the Independent newspapers after the Office of Fair Trading concluded the acquisition would not raise competition issues. (more)

Johnston Press launches revamped websites
From New Statesman. Posted March 17 2010, 2.31pm
Local newspaper publisher Johnston Press has begun unveiling its new-look websites for the Grantham Journal and Peterborough's Evening Telegraph. (more)