"The Times" is calling out "Google and co" to stop abusing their massive online power. The CEO of News Corp, Robert Thomson, used the newspaper's CEO Summit to remind the American tech giants that they make money from content and so are publishers -- and with that role comes a lot of responsibility, which they have been trying to avoid.

The BBC has been asking business insiders what they think of Google's record fine of 2.4bn Euros. On the pro EU stance side, we have News Crop and Kelkoo, who argue that Google is guilty of abusing its power. The Adam Smith Institute, as one might imagine for a free trade think tank, argues that users have a choice to switch to Bing if they dislike the Google experience.

MediaCom has been awarded the estimated GBP773m global media account for the PSA Group, the owner of Peugeot and Citroen. "Campaign" reports that the prize was handed to the WPP agency after a final shootout against Publicis Groupe's Zenith.

The appointment of VCCP brings to an end an eleven-year relationship with Fallon London, which will go down in history as coming up with the drumming gorilla television ad. According to "Campaign," Fallon did not repitch.

"The Telegraph" was sticking its neck out this morning before the European Commission announced the level of the fine that would be raised against Google. The newspaper predicted the fine for abusing its search monopoly would be a record, and so beat the one-billion-pound punishment that Intel received in 2009. In theory, the fine could be as high GBP7bn -- 10% of Google's annual turnover.

"The Times" claims that Facebook is planning to follow in the steps of Netflix and produce high-end dramas for its subscribers. The paper claims the social network is willing to spend three million pounds per episode to produce professional shows.

Research from Which? has found that some areas of London are suffering lower broadband speeds than the national average. "The Telegraph" reports that in several boroughs the actual speeds users received, rather than the "up to" average speed claimed, dipped below the 10Mbps deemed necessary by Ofcom.

"Campaign" is predicting one of the most high-profile U-turns in London's advertising history. Sainsbury's, it claims, could be on the verge of handing back its media account to Omnicom's PHD just four months after it was handed to WPP's M/SIX. PHD complained that the original pitch was not run properly, and managed to persuade Sainsbury's directors to reopen the process.

Video is the content darling of the day, but problems remain. According to research reported on in eMarketer, nearly half of marketers claim they have problems with compelling creative ideas. Being rushed into producing content without a strategy is another, and so is knowing where to place the video.

Google has been hit with the biggest European Commission fine of all time -- 2.42bn Euros, or $2.7bn or GBP2.1bn. The punishment is for the abuse of its power in search, which leads to its own services being prioritised over others. The company says it disputes its guilt, and the BBC reports that it says it will study the finding and consider an appeal.