Are social media sales a myth? Coca-Cola claims no impact from online buzz

Social media’s ability to boost sales has come into question this month, with one of the world’s biggest brands claiming that online buzz from the likes of Facebook and Twitter has little impact of brand sales. Revealed at Advertising Research Foundation’s...

Ebooks added to UK’s ‘basket of goods’

Ebooks have been added to the basket of goods and services used to calculate inflation rates, reflecting the growing trend of buying digital versions of books on electronic readers such as the Kindle and Sony E-Reader. To reflect up-to-date spending trends, the ONS...

Google brings Play gift cards to UK

Google is to sell gift cards for its Play Store in UK shops, as it looks to push its paid content to rival Apple’s App Store. The cards are already on sale in the US after being launched in August 2012. Customers in the US can buy fixed-value cards with single-use...

Groupon founder fired after shares plummet

Groupon has ousted its founder and CEO Andrew Mason, after the embattled daily deals site posted another quarterly loss, prompting a 24% slide in its share price on Thursday. Daily deals websites have grown in popularity over recent years, spearheaded by Groupon,...