Digital agency LBi has now been officially purchased by French-led Publicis Media in a deal for 416m euros.

British retailer Marks & Spencer has today announced some of its worst trading results in the past decade - and high-profile head of  general merchandise (non-food) commerce Kate Bostock will now depart the company this October as a result.

A couple of industry stories from Media Week and Campaign Live:

• Stella Artois' parent AB InBev is adding a pear variant to its "Cidre" brand

OnRec, the recruitment resource website, has published the employment results of JM Digital; providing insight into the current struggle to source quality digital IT workers that many companies face.

According to a report at The Drum, social netwoking behemoth Facebook has raised its flotation price to $34-$38 a share for when it begins trading on the NASDAQ stock exchange on Friday which values the social network at $104.2 billion - the most expensive US company to go public.

Our friends at Brand Republic broke new ground this afternoon with an fully interactive in-depth interview with Twitter's UK Director Bruce Daisley. This question-and-answer session was live on Twitter from 12.30 BST under the hastag #brchat.