BUSINESS

Shares in Britvic were up on the FTSE 250 in morning trading after the drinks company reported a slight dip in pre-tax profit in the half year ended 17 April.

U.K. telecoms regulator Ofcom has instigated three new regulations designed to benefit mobile phone users.

With the games industry still licking its wounds after Sony's recent spout of hacking troubles, veteran games developer Codemasters today revealed that it to had fallen victim to a successful cyber attack.

Having just bought TweetDeck, Twitter has confirmed its intent to add yet more third-party applications to its collection.

The free internet call service Skype has once again crashed, not allowing certain users to make calls or even log into their accounts.

Ofcom today released the findings of a joint research venture with broadband monitoring specialists Epitiro, indicating that O2 are currently the fastest broadband provider in the U.K.

Shares in Daily Mail and General Trust were down on the FTSE 250 in morning trading after the publisher reported a rise in revenue and pre-tax profit in the half year ended 3 April, but said it had a cautious outlook.

Sony has today begun accepting applications for its AllClearID Plus Identity Theft Protection service, for PlayStation Network and Qriocity music service customers.

Sony today announced its earnings for the financial year ending 31 March, 2011, recording a loss close to its initial estimate.

Shares in British banks were up on the FTSE 100 in morning trading after a report that Virgin Money is planning to put in a bid for 600 Lloyds Banking Group branches.

Speaking at the e-G8 Internet forum in Paris, Twitter's head of operations in Europe Tony Wang, indicated that the company would be willing to hand over user information should it be "legally required" to do so.

Shares in Burberry were down on the FTSE 100 in morning trading as profit taking followed a strong set of results in the full year ended 31 March.

The Russian security firm ElcomSoft has claimed to have managed to crack the iOS 4's encryption systems, demonstrating the vulnerability of numerous Apple products.

In a recent interview with Reuters, HTC Chief Executive Peter Chou confirmed the company will be releasing new smartphones using the forthcoming Windows Mango operating system.

U.K. telecoms giant BT is set to cut the cost of calling mobiles from its landline telephones by up to 24 per cent.

Currently struggling to claim even a five per cent share of the Smartphone market, many analysts have come to question whether the newly revealed Windows 7.5 "Mango" update will be enough to reverse the ailing OS's fortune.

As expected the second estimate of the United Kingdom's first quarter GDP growth remained unchanged by the Office for National Statistics.

Internet retailer Amazon suffered major technical hitches as Lady Gaga fans besieged the site eager to take advantage of its one-day offer on the artist's new album.

Shares in British banks were broadly up on the FTSE 100 in morning trading as investors rallied after continuing threats from ratings agencies.

BT Wholesale and Everything Everywhere today announced a new collaboration between the two companies to begin the first stages of next generation 4G high speed broadand trials in the U.K.

The struggling sportswear retailer JJB Sports today said that its pre-tax losses for the year ended 30 January had more than doubled and that its restructuring plan to get it back on track could take up to five years to implement.

In a post on the PlayStation blog, Sony representatives officially confirmed that the PlayStation Store will not be up and running until the end of the month.

It has recently been speculated that cancelling the £3 billion worth of contracts the NHS currently has active with the Computer Sciences Corporation, could cost more that simply letting the contracts run their course, leading to accusations that the U.K tax payer is being held hostage.

In a statement today, Microsoft revealed the next version of its Windows Phone operating system.

With more and more airlines arguing that even with Iceland's latest ash cloud descending over Europe it is still safe to fly, a flight operations manual released by Airbus has revealed just how damaging a meeting with volcanic ash can be on a modern plane.

The second estimate of first quarter GDP for the United Kingdom is due to be released tomorrow, although little or no change is expected in the 0.5 per cent growth given at the first estimate.

Following the resignation of its Managing Director Dominique Strauss-Kahnafter his arrest for sexual assault last week in New York, the International Monetary Fund is now without a leader.In the next one to two month the international financial organisation has to appoint Strauss-Kahn replacement. The race is on to find a replacement and while Europe has claimed the need for a European to be appointed, due to the difficult financial crisis affecting many of its member states, China, Russi...

Just after Sony forecast its PSN related $171 estimated loss for the year, veteran game developer Capcom expressed its faith in Sony to recover.

Sir Tim Berners-Lee, the inventor of the web, has today attacked the social networking site Twitter, questioning its policy to allow extreme views to be freely expressed regardless of their legal status in super injunctions or possible nature as hate speech.