Clear Channel is set to surpass a digital milestone in the UK this year, according to forecasts that predict it will generate more revenue from electronic advertising displays than traditional billboards and posters. The figure illustrates the huge leap the company has made with its digital billboards. In 2015 its digital displays generated 30% of its UK revenues.

Google has announced that its YouTube app for iOS is now compatible with its virtual reality headset, Cardboard. Last fall, Google announced that it would begin to support virtual reality content and would also make its existing library of videos viewable through Cardboard. At the time, Google Cardboard was only compatible with YouTube's Android app. It is now on the App Store as well.

O2 chief executive Ronan Dunne is exploring a debt-fuelled GBP8.5bn management buyout attempt following the collapse of CK Hutchison's takeover bid for the mobile operator, The Daily Telegraph can reveal. The Irishman, 52, has been approached in recent weeks by potential private equity sponsors aiming to carry out what would be the largest UK leveraged buyout since before the financial crisis.

During ITV's two-and-a-half-hour live show on 15 May in the presence of Her Majesty, it will air a royal-themed ad break to celebrate the Queen's birthday. Eleven brands, including Ribena, Walkers crisps and Cadbury Milk Tray, are taking part in a commercial that will last almost three minutes. It will feature celebrities singing during a street party on the set of Coronation Street.

A futuristic new technology promises to turn your entire arm into a fully functioning trackpad. The idea is that it makes it easy to scroll, swipe and select the tiny smartwatch screens on products like the Apple Watch and Samsung Gear S2. Called Skintrack, it works by using a combination of a wristband and a ring that you wear alongside the smartwatch.

France's largest anti-racism group, its Jewish students' union and a gay rights movement are suing three social media networks for failing to remove racist, anti-semitic and homophobic content. In a joint statement on Sunday, the Union of Jewish Students, SOS Racisme and SOS Homophobie said they were taking legal action against Twitter, YouTube and Facebook.

In his new role, Forrester will lead the UK operation at the music streaming service, which is believed to be approaching 100 million active users globally. In the UK Spotify has around 30 staff, divided between UK and international sales. Forrester will report to Jonathan Forster, the EMEA vice president of sales at Spotify.

From Justin Timberlake's performance to Ukraine's victory, a raft of moments from this year's Eurovision Song Contest inspired more than 7 million tweets on the night. Fans, brands and celebrities were out on Twitter full force. It's likely that the breadth of interest was partly due to the Eurovision contest being shown by American broadcasters for the first time.

Last week, L'Oreal revealed that it will begin work with start-up incubator Founders Factory, becoming its partner for investments in beauty tech as the cosmetics business looks to set up the right arm's-length approach to innovation. L'Oreal and Founders Factory will invest and grow five early-stage startups and co-create two new companies from scratch every year.

BT Sport has confirmed that it will show the Champions League and Europa League finals for free on YouTube. The broadcaster confirmed the move after revealing in April that it was considering showing the matches for free in an effort to make the highly anticipated fixtures more widely available.