Online retailer The Hut Group is expected to be valued at £200m to £250m when it floats on the stock market, according to a news report.
Amazon has launched MyHabit.com, holding brief online “flash” sales of clothes.
YouTube has bought the online social-bookmarking service Delicious from Yahoo for an undisclosed sum.
The Harry Potter UK Page on Facebook has secured its one millionth fan, smashing Facebook’s record for largest film fan page in the UK.
Google is closing its ‘Google Video’ site on 29th April, and deleting all the files that have been uploaded to it, as the search giant focuses its video strategy on YouTube.
LOVEFiLM and The Walt Disney Company UK & Ireland have signed a Transactional Video on Demand (TVOD) and Subscription Video on Demand (SVOD) feature film streaming deal, which sees LOVEFiLM become Disney’s first major partner in UK SVOD outside of the Pay TV window.
CMW has created a Creme Egg mobile application which will allow consumers to take part in the brand’s massive game of dare, Goo Dares Wins, on the move.
Online video search firm Blinkx has bought online ad company Burst Media for $30 million to help it build personalised online TV channels.
ITN Productions has launched its Royal Wedding video app exclusively on app store, a week in advance of its release into the Android Market Place.
Google is preparing a major overhaul of video sharing website YouTube by creating “channels” to compete with broadcast and cable TV, according to a news report.