Friends Reunited, the UK’s first mass-market social networking site, turns 10 years old this month, with a new home and a ready-made extended family to boot, but analysts remain far from convinced about its future.

Telegraph Media Group (TMG) has launched Telegraph Fashion, a fashion and beauty website.

BBC has launched its new look iPlayer, which allows users to link the platform to their social networks.

Book publisher Random House is publishing its first interactive story on a social networking platform as a collaborative venture with teen network Stardoll.

High street mobile retailer Phones 4u has signed a six-figure deal to sponsor Channel 4′s youth drama ‘Hollyoaks’ for three months from 1 October, following the end of the deal with current sponsor and camera brand, Nikon.

Condé Nast title GQ has appointed Justin Barriball as associate publisher, while Vanessa Kingori has been promoted to associate publisher of brand extension GQ Style.

The FT reports on the fallout from the New York Times inquiry into the phone hacking scandal at Rupert Murdoch’s News of the World and Andy Coulson’s possible knowledge of that activity.

ITV1 launches its new breakfast show ‘Daybreak’ with big and bright ads across the national press, while Marks & Spencer promotes its new clothing drive in support of Oxfam.

Regional publisher Johnston Press has appointed Henry Faure Walker as digital and business development director, and Steve Brown as divisional managing director North.

This morning’s launch of ITV1′s new breakfast show ‘Daybreak’, presented by ITV’s high profile signings Adrian Chiles and Christine Bleakley, will be supported by a tactical campaign throughout the week.