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Mediabrands, the media holding company for Initiative, Universal McCann and Magna, has appointed Quentin George as chief digital officer

Lonely Planet has appointed Matthew Goldberg, formerly senior VP of digital strategy and operations for Dow Jones, as CEO

Next Directory Christmas sales have increased by 1.1% despite like-for-like sales in stores down 7%

Social networks must this year put monetisation above growth in order to survive, according to Deloitte

French advertising group Publicis expects its digital business to experience double-digit growth this year, despite the economic crisis

Borders has appointed a new chief executive as it looks to combat declining sales and a continued threat from Amazon

Samsung is to introduce the Yahoo Widget Engine into its flat-screen HDTV range from spring

Spend on Xbox Live, Microsoft Xbox's online community and marketplace, has exceeded $1bn since its launch in 2005, the company has revealed

Greek millionaire Theodore Kyriakou is reportedly looking to spend up to £2bn on UK media acquisitions

Friends Reunited is likely to have its value slashed by parent company ITV as part of a company review, according to reports

Global advertising giant WPP is set to make sweeping job cuts with several thousand positions to be cut worldwide, according to reports

Play.com has increased sales by 24% year-on-year over the Christmas period, according to its latest report

Google and Baidu are facing a crackdown by Chinese officials after they were named among sites accused of spreading pornography and illicit material among young web users