Goldman Sachs investment says Facebook is worth $50bn

Or so the BBC (and the Financial Times and New York Times) seem to think. Top investment bank Goldman Sachs (the global economy’s version of Paddy Power) has stuck a load of its own money into Facebook stock (or options) ...

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World exclusive! The secret diary of Martin Sorrell (aged 13 and a bit)

Thanks to some Daily Telegraph-style subterfuge we have succeeded in gaining an early look at The Secret Diary of Martin Sorrell (aged 13 and a bit). This will be serialised in full, we believe, in, er, the Daily Telegraph. It ...

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Procter & Gamble takes over from UK government as top 2010 ad spender

Procter & Gamble was the UK’s biggest ad spender in 2010 with £195m, a whopping increase on the £158m it spent in 2009 according to Nielsen figures for the Daily Telegraph. Next comes BSkyB on £168m, up from £151m and ...

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Buckingham Palace isn’t giving up – they still want us to call Kate Middleton (queen-to-be) Catherine

If it carries on like this they’ll be kicking the corgis next at that big house at London SW1A 1AA (there’s an address for you). Buckingham Palace spokespeople (Private Eye occasionally imagines one called Sir Alan Fitztightly) are still trying ...

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WPP set to buy Obama digital fundraiser Blue State Digital

WPP is close to a deal to buy Blue State Digital, the digital agency whose fundraising efforts headed by founder Joe Rospars helped to propel Barack Obama into the White House. Despite its political fame and a client list that ...

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Are these the worst US ads of 2010?

According to Crowell Advertising & PR’s second annual Tracy Awards they are anyway. Agency founder Tracy Cowell reckoned there was a gap in the awards market for real stinkers and here’s the full list, the cream of the crap as ...

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WPP still lags behind Publicis despite record growth figures

WPP is really firing on all cylinders now, judging by its latest quarterly figures which showed a like-for-like revenues increase of 7.5 per cent, its highest growth rate since 2000 and more than twice the revenue rise for the first ...

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