Yahoo makes a further 600 job cuts

Yahoo! has announced the loss of 600 jobs, representing 4% of its workforce, as the internet media giant looks to boost its revenue as it looks to compete with the likes of Google and Facebook. The New York Times reports that the cuts will affect Yahoo!’s products...

Facebook CEO Mark Zuckerberg named Time’s person of 2010

Facebook CEO Mark Zuckerberg has been named as Time Magazine’s annual Person of the Year, marking him out as the figure it believes had the most influence on events in 2010. The 26-year-old billionaire was the subject of a 2010 film, The Social Network, charting...

BBC Online budget to be cut by 25%

BBC Online’s budget will be slashed by 25 percent, as the broadcaster pledged to ‘do fewer things better’ when its comes to digital, the BBC Trust has confirmed. In a strategy document released today, called ‘The BBC’s Strategy, Putting Quality First’, the Trust said...

Video: Top 10 YouTube clips of 2010

YouTube has looked back on the year to launch a video of its most watched clips of 2010, including Old Spice, annoying oranges and bed intruders… During 2010, people watched more than 700 billion YouTube videos, and uploaded more than 13 million hours of video....

Facebook reveals most talked about UK trends of 2010

Facebook has revealed the UK’s list of top trends in status updates in the UK, giving a unique insight into the sporting, TV and cultural moments which prompted national conversations. The Facebook Memeology study looked at what terms grew the most in status updates...

France to charge advertisers “Google tax” next year

France is set to introduce what has been dubbed a ‘Google tax’ on online advertisements on January 1 2011, parliament decided Tuesday. The tax on companies based in France would be amount to one per cent of the net amount spent on online advertising. The...

Twitter to open London office?

Twitter is set to open its first overseas office in London, according to a news report. The Sunday Telegraph reports that the US-based social-networking company will open an office in either the West End or the so-called ‘Silicon Roundabout’ area of Old street....

Twitter attracted 100m new members this year- report

Twitter has added more than 100 million registered accounts in 2010, and is now being used by 8% of all American internet users, according to new data. A post on the company’s blog marked the occasion with an infographic showing some of the more famous joiners...

Google and Microsoft ad networks hit by virus attack

For a brief period last week, cybercriminals managed to infect Google’s and Microsoft’s online ad networks with malicious advertisements that attacked users’ PCs, according to a new report. The attacks started around 5th December and lasted a few...

WikiLeaks founder arrested in London

UK police have arrested WikiLeaks founder and owner Julian Assange on an arrest warrant from Sweden, where he is accused of sexual crimes. The 39-year-old Australian was arrested in the morning after he voluntarily appeared for an appointment at a London police...

UK Govt. plans superfast broadband for all by 2015

High speed broadband will be available to every community in Britain by 2015 under plans announced by the government on Monday. A £830 million investment over the next seven years will see “digital hubs” created across the country in an attempt to ensure...

Last.fm narrows losses as ad revenues climb

Online music service Last.fm has dramatically narrowed its pre-tax loss, announcing a £2.8m loss for last year, compared to a £17m loss the previous year. The CBS- owned site said revenues climbed 74% year-on-year to £7.3m, although net liabilities climbed from £19m...