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EDF Energy, the energy company majority owned by the French state, is reviewing its media planning and buying account across Europe.
In a sign of optimism in the market as many as 56% of firms in the media sector say they will be creating new jobs this year, according to the Barclays Job Creation Survey.
BSkyB has refused to carry advertising for BT Sport channels on its Sky Sports portfolio, prompting BT to complain to the regulator, which has launched an investigation.
Facebook last night launched what it is calling Facebook Home, which is the project that speculation surrounding a Facebook phone has centred around.
On the day that Facebook is expected to announce the Facebook phone, it is being predicted that almost 30% of all mobile display ads will go to the social network this year.
The long-rumoured Facebook phone, first reported almost 18 months ago, is no longer a rumour and could be announced this Thursday.
Yahoo has bought Summly, the news app created by London teenager Nick D'Aloisio, for a reported $30m (£20m), as it struggles to turn itself and its lacklustre business around.
Telecoms operators EE, O2 and Vodafone have invested "tens of millions of pounds" in new joint venture Weve in an attempt to better position themselves against the likes of Facebook and Google in the emerging new mobile space.
Mark Holden, the new head of futures at Arena Media, reports back from this week's Mobile World Congress in Barcelona on what he believes will be key themes for those in the media business.
Vodafone, 02, EE, Three and BT are the winning bidders for the much-trumpeted 4G mobile spectrum, which is expected to kick-start a major marketing war.
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