The Financial Times launched its new fastFT online service on Wednesday, which aims to provide breaking marketing news across desktop, laptop, tablet and smartphone. The 24-hour service will be operated by eight staff based across London, New York and Hong Kong and will stick to the FT's metered model, allowing users to access eight free updates before a requirement to subscribe to the service.
Dutch firm Vigour is the latest startup exploring how tablets, smartphones and televisions can work together more effectively, starting with an app, Vigour Video, that runs across them all. The company has raised EUR500k of seed funding (around GBP428k) from Deutsche Telekom's hub:raum incubator and venture capital firm Linden Mobile Ventures, while publishing a video showing off its technology.
Tesco has signed an agreement with ITV to screen a clutch of classic dramas; including Hells Kitchen, Cold Feet and Prime Suspect, on its Clubcard TV platform. The ad-supported service for 16 million Tesco Clubcard holders will include 160 episodes from the dramas as well as content from A Touch of Frost, Cracker, Inspector Morse and others.
Over 700 Manchester City supporters clubbed together via social media to pay for a GBP7,000 advert in an Italian newspaper to thank the club's former manager Roberto Mancini. The ad came in response to a similar advert in the Manchester Evening News, which Mancini paid for out of his own pocket, to thank the club's fans for their support during his three years with the club.
Google executive chairman Eric Schmidt has once again defended the company's tax affairs in Britain by saying that it will pay more tax in the UK if the country's tax laws are changed. Schmidt told BBC Radio 4 that if Britain wanted to collect more tax, it should change the law. "What we are doing is legal. I'm rather perplexed by this debate, which has been going on in the UK for quite some time because I view taxes as not optional. I view that you should pay the taxes that are legally required," Schmidt said.
Bild's main news stories will remain free to access. Otherwise, visitors to its website will be required to pay a subscription fee, with the basic digital package costing EUR4.99 (GBP4.27) a month. A new printing technique will enable people who buy the print issue - which costs 70 cents (60p) a day - to obtain access to the website. The publisher, Axel Springer, refers to the technique as a "world premiere" for the newspaper industry.
John Cook, the Gawker editor who led a public campaign to pay $200,00 for a video of the mayor of Toronto smoking crack, told Canada's national broadcaster that he stands by his actions and suggested the country's own media outlets failed in their reporting duties. Cook was speaking to CBC Radio after the latest twists in a bizarre political scandal over a video that allegedly shows Toronto Mayor Rob Ford sucking on a crack pipe and calling the leader of Canada's Liberal Party a "faggot."
The High Court has ruled that Sally Bercow did libel Lord McAlpine via Twitter and she has agreed to pay him damages. Her posting appeared two days after a November 2012 Newsnight report wrongly implicated the former Conservative Party treasurer in allegations of sex abuse at Bryn Estyn children's home in the 1970s and 1980s. Bercow has always denied that the tweet - "Why is Lord McAlpine trending? *Innocent face*" - was defamatory.
The National Union of Journalists has condemned the BBC for wasting "vast sums of public money on hopeless projects" after it announced it was writing off GBP98.4 million spent on the Digital Media Initiative. The DMI was scrapped on Friday after five years, with BBC management admitting that it "struggled to keep pace with new developments". In an email to corporation staff, director general Tony Hall said the BBC would be investigating the failure of the project "and will take appropriate action, disciplinary or otherwise".
The Sun supported charity Missing People by taking part in the Big Tweet for Missing Children on Saturday. As part of the online 24 hour search, Missing People tweeted an appeal for a missing child every 30 minutes under the hashtag #bigtweet. The Sun supported the campaign by retweeting the charity's appeals to its 900,000 twitter followers and it also pledged to donate GBP10,000 to Missing People if 50,000 retweets are reached.