The UK's third largest supermarket will pitch itself against online titan Amazon with the acquisition of the shareholding from struggling HMV for a nominal GBP1. It said it expects to own a 64% stake in online digital book retailer and social network Anobii after investing in the group. Anobii allows people to buy e-books to read on a range of devices including e-readers, tablet computers and smartphones. The social network element of the site allows users to rate and review titles, which can be shared with other Anobii members and websites.

According to the Chartered Insurance Institute, a survey of 2,000 consumers showed that the Generation Y element of the UK population is more conscious of the inherent risks associated with using social media than its Baby Boomer and Generation X counterparts. The biggest concern to younger internet users is the ability to control the commercial use of their name, image or other aspects of their identity, and 56% expressed an interest in protecting personal image rights through insurance cover. This is compared to just 23% of those aged 55 and above who said they would purchase social media insurance to …

By 2016, 46% of money spent on accessing the web will be spend on mobile web usage, thanks to the popularity of smartphones, says a new PwC report. Phil Stokes, PwC's senior partner of Entertainment & Media, said the proportion of internet access spent on mobile is growing fastest in developing countries, where many users have never had access to fixed-line broadband services. "In places like India, the wire infrastructure is virtually non-existent so mobile is the primary device for accessing the internet," he said.

Channel 4 News producer Rachel Seifert found out during her two month-long stint using the site, posing as a 13-year old, Habbo Hotel is playing regular host to highly sexual exchanges. "The chat was very sexual, perverse, violent, pornographic, overtly sexual acts, people saying they were going to do things to others, and it was very graphic," said Seifert.Children as young as eight are believed to be using the site, which last month, according to online audience measurement company, Quantcast, attracted 291,000 British teenage players.

Justice Secretary Kenneth Clarke said the proposed approach would give greater protection to operators who complied with the procedure, ahead of Tuesday's second reading in Parliament of the Defamation Bill. Website operators would be forced under new British laws to reveal the identity of those who post defamatory comments on their forums, a move that aims to protect victims by speeding up what is often a lengthy and expensive legal process.

Sky Austria, part owned by News Corp, is not entitled to payments from a rival broadcaster using its soccer coverage for clips in news reports, an adviser to Europe's highest court said on Tuesday. Although being played out in one of Europe's smaller TV markets, the case is likely to be widely watched across the continent, where offshoots of Rupert Murdoch's News Corp have bought up live rights to sports to encourage consumers to sign up for pay TV services.

Finnish startup Digital Foodie has teamed up with a grocery retailer to install digital virtual stores at busy commuter locations in the capital Helsinki. Virtual displays of food products carry barcodes which can be scanned using smartphones by consumers who belong to Digital Foodie's social shopping platform, Foodie.fm. The food thus ordered can then be delivered to their home the same day. The virtual stores feature products from S Group's grocery chain Alepa, which also has around 80 conventional stores in the Helsinki area.

The app gives users access to live simulcasts of both Eurosport and Eurosport 2 TV channels which will broadcast a range of events from the 2012 Olympics as well as the US Open tennis Grand Slam. A Samsung tie-up ensures that Samsung SIII purchasers will receive a month long promotional subscription to the app for the period of the London Olympics.

Under the original wording of its London Underground Wi-Fi service, the cable company effectively had the right to monitor passengers' web history and emails, prompting complaints from MPs Steve Pound and Robert Halfon. These concerns were highlighted by the London Evening Standard and Virgin has since altered its terms to provide greater clarity, although the company insisted that its intentions are still the same.

According to a new survey from DTT platform Freeview, over 34 million Brits are expected to watch the sumer's sporting events on TV, which include the London 2012 Olympics, the Euro 2012 football championship, the French Open, the F1 season, horse racing at Ascot, the Wimbledon tennis championship, and the British Open gold championship. Around one in eight (14%) viewers will watch at least some of the action on a laptop, according to the survey, and one in ten (10%) on on a desktop computer. Only one in 20 viewers (5%) is expected to watch the action on a tablet …