The American media and TV giant Comcast has announced plans to take full ownership of NBC Universal, picking up General Electric's entire 49 per cent stake in the business for $16.7bn.

A UK delegation including the chief executive of London's Tech City business hub, Joanna Shields, and the co-founder of Lastminute.com and the Founders Forum, Brent Hoberman, are in Los Angeles this week for the first Innovation Forum to promote media and technology entrepreneurs.

BREAKING NEWS!!!!!!!!! Plane crashes into highway! Oh wait...that's just a TV set.

Chart hopeful Jinder is hoping to hit the heights as a musical giant - after becoming one of the tallest solo acts to land a record deal.

The Japanese advertising group Dentsu has splashed out £3.2bn to buy Aegis, fuelling speculation that the British group's top shareholder, the French mogul Vincent Bolloré, is about to go on an acquisition spree.

Florent Malouda yesterday became the latest Chelsea player to signal that he is dissatisfied with life under Andre Villas-Boas when he announced that he favoured a move this January to Paris St-Germain, having been given little playing time this season.

Times are tough for the embattled entertainment retailer, with terrible half-year results raising concerns over its future. James Thompson reports

French group Vivendi beat profit expectations in the third quarter, largely thanks to its computer game operation.

Growth in video games and in Brazil helped the telecoms and entertainment giant Vivendi post first-half profits in line with expectations yesterday, despite weakness in its key French telecoms business.

At the start of 2011, Berkshire chancers Brother launched themselves at the knuckledragger market temporarily vacated by the Gallaghers, declaring themselves "the future of music".

On her Geffen debut, Nerina Pallot seems to have reined in some of her musical ambitions, focusing on simple but stylish love songs.

Vodafone has agreed to sell its stake in the French mobile-phone group SFR to Vivendi in a deal worth €7.9bn (£6.9bn), bringing to a close months of negotiations.