- Google denies staff 'brain drain'Google has denied there is a brain drain of talent at the firm following the departure of its communications boss to social network Facebook. Source: BBC
- Holy Moly to relaunch in the summer with TV channelGossip website Holy Moly is to be relaunched in the summer after its creator sold a substantial stake in the company to digital media outfit Perform. Source: Guardian
- Why is MySpace not independent of Fox Interactive?Peter Chernin says FIM is "largely just a corporate construct to organise some of our holdings" but said MySpace does organise ads and features independently. Source: paidContent
- Microsoft move suggests not reversing Yahoo decisionMicrosoft released potential proxy board members from their agreements to serve in the event it made a hostile bid for Yahoo following the software giant's decision last weekend to end its effort to buy the internet company. Source: Wall Street Journal
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