The BBC has been talking to Facebook about its Project Libra, or FaceCoin as it is being widely referred to. The digital currency, the social giant says, will right the wrongs of the current system providing a service to those who do not have access to bank accounts and want to transfer money without huge charges. The BBC wonders, however, whether anyone trust Facebook with their money.

Advertisers, agencies and publishers are joining forces to form The Global Alliance for Responsible Media, "Campaign" reports. The group wants to challenge hate speech and fake news that can make the internet a dangerous place for consumers and open up advertisers to brand safety issues.

Figures from eMarketer show that Britons' media consumption is almost unchanged compared to last year, although there is a general trend for more smartphone use and less television watching.

Manning Gottlieb OMD Chairman Tim Pearson has been named the chief executive of OMD Group UK. "Campaign" reveals that the expanded role means Pearson will now oversee both OMD UK and Manning Gottlieb OMD his existing agency in his new job.

Dan Clays has been named the new Chief Executive at Omnicom Media Group in the UK. Campaign writes that Clays is promoted from his position as Chief Executive of OMD UK.

The World Federation of Advertisers is playing down the threat to the industry from in-housing. According to "The Drum," WFA research shows short turnaround creative roles are the most likely to be in-house, and possibly managing influencer programmes. However, the higher value roles of creative, search and media buying and planning would like remain outsourced to agencies.

"The Drum" is reporting that Spotify is now offering advertisers the opportunity to specifically target podcast listeners. Previously, audiences have been broken down by their music streaming habits.

Unilever claims it has seen a 35% drop in subconscious stereotyping after asking senior marketers to take DNA tests that yielded surprising results of where their genes reveal their ancestry lies, according to "Marketing Week."

"The Telegraph" is accusing Instagram of allowing brazen criminals to offer fake IDs and counterfeit money on its service. The paper suggests criminals advertise openly but then switch conversations to WhatsApp so arrangements are encrypted and thus cannot be intercepted by the police.

WPP has pledged to ban the use of single-use plastics in all 3,000 of its offices by 2020, "The Drum" reports.