Three local Welsh newspaper are facing liquidation today, just a few weeks after "Press Gazette" reveals they were offered financing to keep them open. The funds did not materialise and now the Pembrokeshire Herald, Camarthenshire Herald and Llanelli Herald are set to close.

Independent stores are doing well on the high street, while the big names struggle, according a report from Which?, the consumer organisation. "Sky News" reveals that funeral directors, tattoo parlours and hair salons are thriving while book and computer retailers are the hardest hit.

"The Drum" reports Snapchat is rolling out a new ad offering that will allow retailers react to events and create real-time ads based on their product portfolio.

"The Guardian" is launching an app for subscribers, which offers a curated version of the paper which is not updated throughout the day but can be downloaded and read offline. "Press Gazette" reveals that it is the first major extra feature the paper has offered subscribers.

Although figures from the Church of England show attendance on a Sunday morning is down, its latest statistics also show that a record audience of more than 5m people have accessed its prayer app, spending an average of eight minutes per visit, "The Telegraph" reveals.

Starcom has picked up Ferrero Rocher's UK media account after PHD stood down due to what "Campaign" is referring to as "contractual reasons."

Instagram has launched a feature to offer users more control over how they share data with third-party apps, "Mobile Marketing" reports.

The BBC reports that its virtual reality team has been disbanded after funding dried up. The site also reveals that Google has ended sales of its Daydream View headsets, claiming it will be several years until the technology lives up to its hype.

"The Sun" is planning to expand in the US, encouraged by the success of Mail Online, according to "Press Gazette." The site believes a team is already in place in New York, tasked with establishing a tone of voice for the controversial red-top tabloid that will appeal to American audiences.

Diageo has announced it is working with media conference MAD//Fest London to run a competition for customer experience start-ups to pitch in new ideas for its portfolio of drinks, Mediatel reports.