Blogs with a turnover of less than GBP2 million will not be subject to the new system of press regulation, the Government has said. There would also be an exemption for a blog with fewer than 10 employees, under the amendments to the Crime and Courts Bill. The amendments, to go before MPs in the House of Commons today, also exempt small companies, for whom publishing news is not the main part of their business, from the new regulatory body.

A typist who complained on Twitter about what she claimed was late payment of a bill she was owed has discovered she is facing a libel battle that could cost her GBP150,000. Lesley Kemp, 55, from Milton Keynes, is being sued by a Qatar-based businessman, Kirby Kearns, for comments she made on the site about her fees in an attempt to persuade his company to pay up.

Sir David and Frederick Barclay have been named the richest people in media in Britain with a GBP2.3bn fortune, while tough times at Richard Desmond's Northern & Shell business has seen his wealth slashed by almost GBP150 million. The 78-year-old Barclay twins, owners of the Daily Telegraph andSunday Telegraph, have been named at the top of the 2013 Sunday Times Rich List of people in publishing, PR and advertising in Britain.

The figures, commissioned by First Direct and collated by OnePoll, found that many Brits (14%) spend over two hours each day on the micro-blogging site. When collated as a whole, the total amounts to 28 million hours, or nearly 3,200 years spent on Twitter every single day. Facebook also posted similar results, clocking up 24 million hours, thanks in no small part to the 13% who spend at least two hours each day browsing the network,bizreport.com claims.

Forty-one million requests were made for TV and radio programmes from tablets, compared to 40 million from smartphones and other small screens such as iPods. Combined, tablets and smartphones make up 30% of iPlayer usage, with BBC iPlayer seeing a total 272 million requests for programmes last month. Across the UK however, only 19% of the population own a tablet, while 58% have a smartphone according to Ofcom's latest figures.

Revenue from mobile streamed music service is expected to rise over 40% to $1.7 billion in 2013, according to a report from Juniper Research. European operators have experienced increase in the mobile user spending, such as TeliaSonera in Sweden that combines Spotify with TV, mobile and fixed line services, while Germany has also seen the rise with O2 offering simfy and launch of Spotify by T-Mobile.

The controversial hacking collective, has a new venture - a website for crowdsourced news. Its citizen journalism site Your Anon News takes its name from the group's social media news feeds and aims to collect breaking reports and blogs. The site will include feeds for livestream events "as they are taking place instead of the 10-second sound bites provided by the corporate media".

The comedian announced plans last month to produce new sketches on his official YouTube channel featuring the Office buffoon. Ricky Gervais also defended his decision to release his new output on YouTube, rather than via traditional television broadcast. "This is the future - people broadcasting themselves," he added. "YouTube's already the biggest broadcaster in the world."

Twitter has launched what it described as a 21st century version of the mixtape, with a new app that recommends tracks to music fans based on the artists they follow. Fans of artists such as One Direction or Adele will be able to listen to their latest hits from within the social nework using the #Music app. A #NowPlaying screen will show Twitter users all the songs being tweeted by the people they follow, famous or not, and let them listen along.

The future of news consumption and media won't look like a bunch of traditional newspapers copied onto the desktop web, and when five different entrepreneurs addressed paidContent Live Wednesday about the ways they're bringing content online, the approaches were as diverse as the startups themselves. Here were the most compelling ones.