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Closing credits roll for Oprah

A tearful Oprah Winfrey said she had decided ‘after much prayer and months of careful thought’ that the Oprah Winfrey Show would finish in 2011

Push starts to make ‘Digital Britain’ law

The government has put forward legislation to tackle illegal file-sharing and abuse of internet domain names, protect local news provision and add age ratings to video games

Stake valuations hit Comcast deal for NBC

General Electric and Vivendi are at least $1bn apart in their valuation of the French group’s stake in NBC Universal, damping hopes of a quick resolution to a stand-off that is holding up Comcast’s planned bid for a majority stake in the US broadcast, cable and film group

Axel Springer in Dogan Yayin deal

The German publisher plans to buy a 29% stake in Dogan Yayin, provided the Turkish media group settles its troubles with regulators

Government plans for next file-share crackdown

Anger over ‘undefined, unprecedented powers‘ being taken on to tackle internet piracy

AOL to slash workforce by a third

AOL is to cut a third of its global workforce in an effort to save $300m annually ahead of the planned spin-off from Time Warner next month

James Murdoch eyes wholesale news market

News Corp executive sees market in which journalism could be sold direct to customers, but also at wholesale prices to those who might want to use it for their own business purposes

Twitter aims to launch work tools

Biz Stone, the co-founder of the microblogging site, says the company is close to launching corporate accounts that will helpit begin to generate revenues

ITN set for austerity package

The news organisation is poised to reveal its first-ever loss as the new chief executive outlines austerity measures aimed at returning it to the black

Music groups hold up Spotify US launch

The digital music service group says that a US launch is unlikely until next year amid concerns from record labels on its ability to convert users of its free service to paying subscribers

Archie Norman to be new ITV chairman

Weather warning: Heavy rain leads to flooding

Vodafone vexed by Verizon stance

Analysis: High expectations for ITV chairman

Businesses told of rising risk

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