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Business network LinkedIn is reportedly gearing up for a possible IPO that would make it one of the first social networks to go public.
Reuters reports that the move could happen as early as next year, thanks to the company's rapid growth - its membership has doubled to almost 12m in the past nine months.
The BBC has been threatened with a complaint to the European Commission (EC) over its contoversial use of Microsoft technology in its upcoming iPlayer.
Advocacy group the Open Source Consortium (OSC) has attacked the online video service as anti-competitive as it will only initially work on Windows-based computers.
Google has added an option to its news service that allows users to scroll through images in search of stories.
Threadwatch, a web community dedicated to posting and discussing internet marketing news, will close on Friday, its proprietor said.
Aaron Wall explained that he did not have the time to take the site mainstream, counter competition from a growing number of blogs and keep contributors on the straight and narrow, thanks to new personal commitments.
CNN is planning to relaunch its main news site in July with a major redesign and a number of Web 2.0 features, extending the site's choice of video and user-generated content.
Manchester United is looking for a strategic partnership with a marketing group in a push to build the club's online fan base to 50m worldwide.
According to The Guardian, Man Utd is in talks with WPP, Publicis, Omnicom and McCann Worldgroup over the scheme.
Overseas businesses may soon be able to register domain names with foreign characters.
The Internet Corporation for Assigned Names and Numbers (ICANN) is meeting in Puerto Rico this week to discuss allowing characters with accents or in entirely different scripts to be added to the internet system.
Many internet radio services will go silent today in protest at plans to increase royalty fees paid by web broadcasters.
Many US web broadcasters have protested that the royalty hikes, which will be backdated to January 2006, will put them out of business, as well as reducing the choice availble for listeners.
Plaxo has relaunched its 'smart address book' service, which lets users share data between address and calendar programs from Microsoft, Google, AOL and others.
Plaxo 3.0, in addition to simplifying the synchronisation process, is now available in in seven languages, including French, German, Japanese, Portuguese, Simplified Chinese, and Spanish.
Increasing online spend helped the UK ad market grow 3% to £4.2bn in the first quarter, the highest Q1 increase since 2005, according to new Advertising Association (AA) figures.
Only the outdoor, cinema, and internet sectors saw an increase in spending, with the web ad market growing 42% from the first quarter of 2006.
Online PR firm webitpr has devised a 'social media news release' - a press release specifically designed for the internet.
Stephen Davies, who maintains an excellent online PR blog, is the subject of the release - he has joined webitpr.