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Autonomy founder Lynch to leave HP

Mike Lynch, arguably Britain's most successful tech entrepreneur, has resigned from HP, the company he sold Autonomy to last year.

Users upload 72 hours of video to YouTube every minute

Stat of the day: 72 hours. On the seventh anniversary of its launch, video-sharing website YouTube reveals that users upload three days worth of footage every minute.

Britons waste two days a year waiting for websites to load

Move over road rage, there's a new psychosis in town. According to web hosting firm 1&1 Internet, slow web pages are still a major issue for 78% of internet users, prompting bouts of 'negative emotion'.

UK retailers on brink of 'third wave' revolution

Smart devices and interactive TV will boost UK retail sales by £2.4bn by 2014, says new report. Are smaller retailers best-placed to take advantage?

Pinterest and Bono cash in on 'Facebook effect'

Social networking site Pinterest has raised $100m, valuing the two-year old business at £1.5bn.

Moonfruit acquired by Yell

The off-the-peg website and online shop builder has been bought e-lock, stock and barrel by Yell for £18m with a £5.2m pay-out for the executive team after two years.

BT dials up profits rise

Revenues at the telcoms giant may have fallen 4%, but shareholders are expecting a full-year dividend after a raft of cost-cutting helped BT hike profits.

Angry Birds turn £39m profit

Finish software outfit Rovio has been feathering its nest thanks to the runaway success of its Angry Birds app.

Music industry has 'no appreciation for technology'

Quote of the day: 'The music industry never had an appreciation for technology. We're going to work out how to make money once we marry music and science. Apple is worth $800bn now - the music industry far less. Music helped define what that company is, but they made all the money.' Digital entrepeneur...

iPads for all MPs, House of Commons decides

Stat of the day: £400,000. The amount of money the House of Commons is to spend on giving all 650 MPs an iPad each.

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