Twitter's British operation paid GBP1.24m in tax last year as staff enjoyed a windfall of GBP12.5m shares. It reported a rise in UK revenues of 30.5% to GBP76m in 2015, Twitter UK made a GBP3.36m pre-tax profit last year, up from GBP3.29m in 2014. The GBP1.24m tax payment was shown in accounts filed at Companies House.

Ebay and Gumtree could well be looking over their shoulders, with Facebook set to enter the online marketplace sector. Set to launch in the coming days on the Facebook app in the US, UK, Australia, and New Zealand, the "marketplace" category will allow users ages 18 and up to both buy and sell items to friends or within their local communities. It will also allow businesses to take part.

The new issue of British "Vogue" is to be a "model-free zone" after editors decided to use only "real" women to showcase the designer clothes featured in the magazine. Among the women included in the issue are the architectural historian Shumi Bose, the charity director Brita Fernandez Schmidt, Hello Love Studio creative director and Hello Beautiful founder Jane Hutchison.

Shazam has hit one billion app downloads and returned to profitability after expanding beyond basic music recognition into brand advertising. The bulk of Shazam's advertising business lies in TV, with the firm boasting clients such as P&G,. Unilever, Jeep and KitKat. Brands that create "Shazamable" ads offer the app's users additional content on mobile, or the chance to claim free products.

Microsoft is disbanding the Band, its line of wearable fitness trackers. As of Monday, all trackers were removed from its online store, including the Band's software development kit. Rumours of the demise of the whole product line started when many consumers complained about the first- and second-generation Band's awkward interface, too-short battery life and uncomfortable wear.

Land Rover marked the launch of its latest model by breaking the Guinness World Record for the largest Lego structure ever built: a working scale replica of London's Tower Bridge, complete with its own version of the Thames. The 13-metre model, which took 15 days to build, was constructed at Packington Estate in Warwickshire using 5,805,846 individual Lego bricks.

British Gas has appointed MediaCom to its GBP55m UK media account, ending a 14-year relationship with Carat. The Dentsu Aegis subsidiary had held the account since 2002, when it picked up the business after a pitch against ZenithOptimedia and OMD UK. MediaCom will work on the British Gas, Hive, Dyno and Local Heroes brands from 1 December, for at least three years.

Digital is providing the only area of revenue growth at Trinity Mirror as the group releases its latest trading update showing a continued decline in print despite GBP20m in cuts. The regional news publisher said it expects overall print revenue to decline by 12% against a growth of 11% in digital in the third quarter of this year.

The parent company of the Telegraph newspapers took a GBP150m writedown on the value of the titles last year as its owners, Sir David and Frederick Barclay, received a similar amount as a dividend. The non-cash charge means that that the papers' immediate parent made an overall loss of GBP131m in the year to 3rd January.

Google will this month reject EU claims that it misuses its dominance in search and mobile, raising the stakes in a long-running battle with Brussels that could trigger a fine running into billions of dollars. The company is preparing to respond within weeks to three separate charges of EU competition rule breaches in its online shopping service, Android smartphone software and advertising business.