Trinity's shares rose 1.6 pounds, or 3%, to 52.9 pounds and Johnston's gained 0.4 pounds, or 4%, to 10.5 pounds after Daily Mail and General Trust confirmed talks to sell its Northcliffe Media regional newspapers business. Northcliffe's likely buyer is former News Of The World editor David Montgomery, who plans to pool Northcliffe's assets with the newspapers of privately owned Iliffe News & Media in a new private equity-backed vehicle.

Italian and German companies demand that Google to share some of the advertising income from user searches for news on their media websites. France is considering to bring in a legislation which would see search engine giant Google to pay for linking content from the French media, until it signs a deal with the country's media channels. According to reports, Press associations in France, and other European countries, are demanding Google to pay for the displayed links associated with French newspapers in Internet searches.

The Trust's Editorial Standards Committee (ESC) concluded that the tweet, which was made in relation to a story in which Prime Minister David Cameron attacked Labour's handling of the NHS in Wales, was "not sufficiently precise" and "did not reflect with due accuracy" the story to which it was linked. The committee ordered the corporation to remove the headline from its archive, website and other platforms.

Digital subscriptions of the Financial Times are "growing strongly", according to parent group Pearson, with figures released Monday showing a 17% rise year-on-year. In a nine-month interim management statement published Monday, Pearson said digital subscriptions have now reached 313,000. In July, Pearson reported in its half-year results that digital subscriptions had overtaken daily print circulation for the first time.

Scandinavian's Schibsted is following its spring acquisition of the Aspiro music service by purchasing 10 percent of Danish ebooks service Riidr, ArcticStartup reports. Kobo-like platform Riidr is a service for reading .epub and watermarked ebooks through a simple web interface or through iOS and Android apps. So far, its titles are only Danish and Swedish. Riidr also lets readers move those titles over to Kindles, thereby growing the Scandinavian repertoire on Amazon's device.

Andy Smith, an internet security chief at the Cabinet Office, said people should only give accurate details to trusted sites such as government ones. He said names and addresses posted on social networking sites "can be used against you" by criminals. His advice was described by Labour MP Helen Goodman as "totally outrageous". Goodman, shadow culture minister, told BBC News: "This is the kind of behaviour that, in the end, promotes crime.

Users accessing Internet through PCs is expected to shrink from 240 million in 2012 to 225 million in 2016. With growth of smartphones and tablets, consumers are using mobile devices as their default gateway to Internet, instead of PCs, according a new report from the International Data Corporation (IDC). According to IDC's Worldwide New Media Market Model report, the US leads that trend, with Western Europe and Japan only about two years behind.

DMGT, Trinity Mirror and Iliffe News & Media are in talks to pool their local news assets in to a vehicle called Local World. Monday morning, Trinity Mirror also announced it is "in discussions towards taking a minority interest in a new company comprising the assets" of Northcliffe and Iliffe. Such a tie-up could combine the number one, four and 11 publishers in UK regional news, allowing them to save further costs by combining many functions.

Telefnica could divide itself into two separate units--one for Europe and another for its operations in Latin America--in a plan to insulate the company from any further worsening in Spain's economic woes, according to CFO ngel Vil. Financing Telefnica's EUR58 billion debt is becoming increasingly costly due the high interest rates Spanish banks and companies are facing.

London Mayor Boris Johnson claims to "have it on good authority" that The Guardian recently held a "brainstorming session" discussing the possibility of axing its print edition. Writing in his weekly Daily Telegraph column this morning, Johnson said: "This story has now been officially denied by the Guardian politburo - a move that of course adds nothing but credence to the plot." He added that while The Guardian "had never supported anything I have said or done", it would be a "national tragedy" if it scrapped the print edition.