AOL ‘mulls break up, then merger with Yahoo’

AOL is actively exploring a breakup involving a complicated series of transactions that may lead to a merger with Yahoo, according to a news report. AOL is actively exploring a breakup involving a complicated series of transactions that may lead to a merger with...

Groupon rejects Google deal, plans IPO instead

Shopping deal webiste Groupon has rejected a $6bn bid from Google, saying it is planning a possible public offering instead. The sale was expected to fetch up to $6 billion in a deal which had set tongues wagging on Wall Street about whether such a valuation...

BBC to launch paid-for iPlayer iPad app in US

The BBC is working on a version of its iPlayer to be launched in the US, in the form of a paid-for iPad application, according to a new report. The FT.com reports that the ‘Global iPlayer’, which is in pilot form until it passes scrutiny by the BBC Trust,...

Nearly half of all UK web surfers to shop online this week

Today (Monday 6th December) is set to be the busiest online shopping day of 2010 in the lead-up to Christmas, as sales and traffic levels have begun to gather momentum towards Mega Monday, according to new forecasts from key players in the UK ecommerce sector. Sales...

Amazon ‘forced to remove Wikileaks from its servers’

US political heavyweights have forced Amazon to remove controversial whistle-blowing website WikiLeaks from its server. According to The Guardian, the online retail giant was contacted by the office of Joe Lieberman, the chairman of the Senate committee on homeland...

Brits top Europe for online spending

UK shoppers buy more products online and spend more money than internet users in any other European country, according to new research. The study, from communications regulator Ofcom said that UK consumers spent an average of £1,031 between June and November last year...

Murdoch to sell off Myspace?

News Corporation is reportedly willing to sell Myspace, the former social media market leader it bought back in 2005. MySpace COO Chase Carey told Reuters that the company is open to a sale, partnership, or some other option. “There are opportunities here to do 20...

Myspace revamps mobile site, preps iPhone music app

Myspace has launched a new mobile site and iPhone application, as the social network looks to gain lost ground on market leader Facebook and promote its music-sharing tools. The new Myspace site, which officially re-launched at the end of October 2010, is now...

Google to take on Amazon with eBook store- report

Google is set to launch its ‘Google Editions’ electronic book store early next year in the UK, taking on the likes of Amazon and Apple in the growing online publishing market, according to a news report. Bloomberg cites a person familiar with the company’s plans,...