AOL/Time Warner[QQ] The AOL/Time Warner merger has set the agenda for future media convergence deals. A major Internet company has proven that it can use a massive valuation to buy out any 'traditional' media company, however strong the brand.
The face of Microsoft, Bill Gates, has stepped down as CEO to concentrate on software development. Steve Ballmer will take over in a move described as 'sharpening Microsoft's focus'.
Expedia has launched its first integrated TV, press, Internet and PR campaign, costing £4bn. Euro RSCG Wnek Gosper and Mediapolis are to deal with the advertising and media side of the campaign, which is aimed at establishing the site at the high end of the market.
ISPs join retailers
American retail giants are avoiding the need to create their own Internet brands by teaming up with the big ISPs. Wal-Mart and Circuit City have joined with AOL, and Kmart with Yahoo!
Telecoms stocks have boosted the economic performance of the European market with shares reportedly returning over 73 per cent last year.
The increase in sales of mobile phones has been a contributing factor - they were the most popular Christmas present in the UK last year.
Dubbed Barnard's star B, newly discovered planet is believed to be rocky
Also, what's a USB stick?
Gravitational waves become extremely weak by the time they reach the Earth and require highly sensitive equipment for detection
The reactor topped out at 100 million° C