Ping! Apple’s Steve Jobs introduces the company’s social network for music. Photograph: Robert Galbraith/Reuters Apple has ditched the CD in the iTunes logo, upgraded its iPod range and revamped Apple TV, as we learned last night. Chief executive Steve Jobs also upped Apple’s social media game with Ping – a music recommendation and sharing feature [...]

Rupert Murdoch, who has made a m donation to the Republican governors’ association ahead of the November midterm elections. Photograph: Kevin Lamarque/Reuters It’s amusing, in a perverse sort of way, that media mogul Rupert Murdoch would donate m to the Republican Governors Association. You’d think it would be enough that Murdoch’s Fox News Channel relentlessly [...]

Poundland stores in affluent areas such as Stratford upon Avon, Cambridge and Sutton Coldfield are reporting brisk trading. Photograph Andrew Fox Discount chain Poundland is on the hunt for bigger stores after the cut-price chain, which sells everything from washing-up liquid to dogfood and pink cowgirl hats at a £1 a go, delivered a 130% [...]

EMI’s offices in west London. Photograph: Toby Melville/Reuters From an operational point of view, EMI is performing minor miracles – turnover was flat last year, which represented a gain in market share, operating profits rose and the business produced £250m of cash, thanks in part to sales of remastered versions of the Beatles back catalogue. [...]