Facebook on the defensive after brands withdraw advertising

Facebook's director of policy has defended the social network following American Express, British Airways, Dove, Sky, Easyjet, and Ocado all withdrawing advertising from the site. 

Instagram about to become the new Vine?

Popular technology news site TechCrunch is today reporting a "source" suggesting that Instagram is about to become a video-sharing app following the rapid success of Vine.

Facebook reap rewards of mobile display ads despite more users leaving the site

Social network Facebook has revealed a 38% rise in revenues year-on-year in the last quarter to reach a mammoth $1.46bn (£938bn) despite growing numbers of users leaving the site.

Apple join Britain's growing list of US tax-avoiders

Software giant Apple is among several American multinational companies pinpointed by the Guardian newspaper as avoiding paying the full amount of tax. Despite generating more than $36 billion in overseas profit in 2012, Apple paid less than 2% tax on that figure.