Former British Airways global marketer Jayne O'Brien is understood to have stepped down as the chief marketing officer of Regus, the office workspace solutions company, after less than a year in the job. It is understood that O'Brien is leaving to go to Dubai.

LG Electronics is overhauling its brand strategy to move towards a more consistent brand identity.

Microsoft chief executive Steve Ballmer has confirmed it is no longer in discussions to acquire Yahoo! However, he says Microsoft is now looking to collaborate with the internet company.

Newspaper websites benefitted from an uplift in traffic in October but Times Online saw the smallest percentage rise out of those publishers posting ABCe figures.

The credit crunch has forced the International Olympic Committee to rethink its sponsorship strategy. The IOC is now seeking a global sponsorship deal with an automotive company. The category had previously been earmarked as a high-level domestic partnership for London 2012.