"The Telegraph" believes that "dozens" of UK Yahoo staff members were made redundant yesterday, a day after its purchase by Verizon was completed. Verizon is to merge Yahoo and AOL and has warned that around 15% of its work force will be laid off.

Mondelez's global procurement boss admitted at a London event this week that his department, and others like it, need to trust marketers more to make the right decisions.

Skilled EU workers are planning to leave the UK before Brexit. A survey reported on in "The Times" reveals that 56% of skilled EU workers are "highly likely" or "likely" to leave the UK. The figure rose to 84% among healthcare workers.

A slight dip in global ad spend growth will be reflected in the UK market growing by 4% this year, Dentsu Aegis estimates. However, "The Drum" reveals that the figures will show bigger growth, of 5.9%, in 2018.

Get those creative juices flowing, London. Starbucks is on the hunt for its first specialist creative shop for the EU. Its global ad agency, 72andSunny, is not affected. Creativebrief is handling the process and "Campaign" reveals that several London agencies have already been approached.

The European Court of Justice (ECJ) has ruled that The Pirate Bay can be held liable for copyright infringements. The BBC believes it is a ruling that could spell the end of the platform and has been brought by the Dutch anti-piracy group Stichting Brein.

Number crunchers at PwC say that 2020 will be the year when Netflix and Amazon Prime overtake cinema box-office takings, "The Guardian" reports.

Uber is trying to build bridges with its first UK tv advertising campaign, which broke this week at the same time as its embattled CEO, Travis Kalanick, took a leave of absence, "Marketing Week" reveals.

A sleep-tracking device that raised $2.9m on Kickstarter before raising a further $40m in VC funding has closed. Londoner James Proud moved to Silicon Valley to launch the company, which the BBC reports held "fire sale talks" with Fitbit recently. As a deal could not be reached, the company has closed.

"The Guardian" has confirmed its cost-cutting move to a tabloid, "The Drum" reports. The new printing arrangement with Trinity Mirror will begin in early 2018 after a period of consultation with staff.