It seems that trawling Twitter can make you a lot of money these days, as U.K. firm DataSift gets $6 million in investment, according to PaidContent. What's more, it would seem that integration of apps with Twitter is more widespread than ever, having grown massively over the past year.

A survey by The Economist reveals that paid-for daily newspaper circulation has fallen by 11% in North America but is up by 5% in South America, where in countries like Brazil, social media is growing less rapidly than the printed press.

The Murdoch News of the World scandal continues, but, on his Forbes blog, Jeff Bercovici demonstrates why News Corp. may benefit from the British Sky Broadcasting bid being examined by the British Competition Commission.

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