Facebook Working on an Ad Plan

From The Wall Street Journal

Facebook Inc. will unveil an ad system in the autumn that will let marketers target users based on the information they reveal on the social-networking web site about themselves. Eventually, the system will allow the company to predict what products and services users might be interested in even before they mention an area. Read more ....

Online Sales Set Record in July

Online sales set record in July

Many shoppers are happier to sit at home rather than hit the streetsWet weather in July drove online shopping to record levels as consumers surfed the net rather than sloshing down the High Street, a report claims.

Internet sales rose to £4.2bn in July, up from £2.34bn in the same month a year ago, according to the Interactive Media in Retail Group (IMRG).

Sales are also picking up as retailers improve websites, and as consumers get faster internet connections, IMRG said. Read more....