In financial figures that will do nothing to halt is sliding share price, WPP has announced revenue for the third quarter was down 1.5%. "Campaign" quotes the holding group's Chief Executive Mark Read, as admitting the company has been "too slow to adapt."

Mediatel asks a great question today, "Can Facebook lobby its way out of the hole it has dug itself into?" The question takes on new meaning given that Nick Clegg has been appointed head of global affairs at the tech giant. He had previously been critical of the size and power of the social media service and drew question marks over whether it paid its fair share of tax.

"Press Gazette" is reporting that Jimmy Wales has laid off several journalists from the Wikitribune news site he has co-founded, to focus more on community-led articles. While the "publish" button was only available to staff journalists previously, many contributors who are not employed by the site have now been given the power to make articles go live.

Right-wing campaigner Tommy Robinson, former Leader of the EDL, labelled journalists "scum" and "enemies of the people" outside his Old Bailey hearing yesterday, in which a previous conviction for contempt of court which had been quashed was sent to the Attorney General to rule on, "Press Gazette" reports.

Uber will raise prices in London by 15p per mile to help drivers raise extra funds to buy electric vehicles. The BBC reports that this is expected to be brought in early next year and will add around 45p to the average London journey.

Using blockchain to bring transparency to digital advertising seems a good idea and so Mediatel is wondering aloud today what happened to Truth. The agency -- which has parted ways with its chief executive -- was held back by funding issues, the site believes, and despite calling for transparency it was never particularly clear about whom it was working with, if anyone.

Brands are sending half as many emails as before GDPR, but those that are sent are 30% more likely to be opened and produce twice the sales value as before the new rules became law, Netimperative reports.

As the British standards body, JICWEBS, adopts TAG's Certified Against Fraud standard from the start of next year, participants will need to sign up for third party auditing, "Campaign" reports.

It had to happen at some stage. WPP and MediaMonks (owned by Sir Martin Sorrell's S4C) are going head to head to win Braun's digital account. "Campaign" reveals both, and possibly other agencies, have progressed to an advanced stage in the international pitch process.

Several US tech giants have written to the Chancellor to warn that if he launches a "smash and grab" against them in Monday's budget, they will cut investment in the UK, "The Times" reveals. Facebook, Amazon and Uber were among several multinational businesses to sign a joint letter.