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Diary: Facebook founder's status slip update

It's a little late to clear up all those sex-based (alleged) inaccuracies in The Social Network, but Facebook founder Mark Zuckerberg – worth £8.4bn, ladies – has finally changed the relationship status on his own Facebook profile to "In a relationship". Remarkably, his girlfriend, Priscilla Chan, really was attracted to the billionaire's looks, personality and/or GSOH: the pair have been dating since 2005.

A victory for UK plc – or just a PR coup for Osborne?

One of the most powerful men in world advertising, Sir Martin Sorrell, delivered a purposely timed publicity coup to the Chancellor, George Osborne, yesterday by announcing that his global business, WPP, would be relocating its headquarters to the United Kingdom.

Will Mandelson swap politics for business?

Instead of seeking "dignity in retirement" as Ed Miliband advised, the irrepressible Peter Mandelson is setting up in business as head of an international consultancy.

Claire Beale on Advertising: In the L-shaped gloom, PR and adland must

When WPP's Sir Martin Sorrell pronounces on the state of the advertising industry – or, increasingly, industry in general – important people listen. So when he told the world last week that the current recession is going to be L-shaped (that's severe and prolonged) important people agreed. L-shaped it will be, then.