"The Times" believes investors have already shrugged off Sir Martin Sorrell's departure as WPP dropped 5% at the start of trading and then levelled out again -- albeit at 30% less than they were trading for a year ago.

The House of Lords has asked the Government to investigating the "vexing" data monopoly Facebook and Google appear to have in the UK market and how this could hold back the development of AI by other companies, "The Telegraph" reports.

British Airways's owner, IAG, is reported by Sky News to be preparing a bid for budget rival, Norwegian Air. The group has bought a near 5% share in the airline and says it is considering formulating an offer.

The last remaining ToysRUs stores will be shut within a fortnight, "Sky News" has learned.

"Press Gazette" has a round up today of what the major UK media companies are doing about their gender pay gaps. "The Guardian" and Sky are both hoping to strike a 50:50 balance in gender for top roles and ITN is vowing to halve its 19% mean gender pay gap over the next five years.

"The Guardian" is wondering whether we're about to see a shift in power at News Corp as Rupert Murdoch was unable to attend a recent global board meeting due to a back injury sustained while sailing. The paper is making much of the fact that his elder son, Lachlan, sat in his father's seat to chair the meeting. Rupert's younger son, James, attended the meeting only remotely.

The head of the UK's intelligence agency, GCHQ, revealed yesterday that the organisation has launched a major cyber attack on ISIS, the BBC reports. The online move is purported to have made it harder for extremists to communicate with one another, plan attacks and spread propaganda.

Sky is revealing that it chose MediaCom for its BP425m media-buying business on the basis of its commitment to "raising the bar" on transparency, "Campaign" reports.

The UK's National Lottery draw is back on live Saturday night tv, but not its traditional home of BBC One. Instead, "Campaign" reports, the lottery result will be televised live on ITV during a break in Saturday night's "Britain's Got Talent" show and will be hosted by what Camelot is describing as well-known ITV stars.

The EU authorities have raided the offices of several television companies, including Fox, in an investigation in to possible anti-competitive actions, The Guardian reports.