Canadian classified giant sold to Apax

PE firm Apax Partners, which already has a big presence in classifieds in the U.K. through its holdings in Trader Media Group and the Yell Group, has bought up top Canadian classifieds firm Trader Corp. from Canadian directory publisher Yellow Media for $745 million in cash. More.

Who owns the paying mobile consumer?

The battle between handset makers and wireless carriers over mobile-payment data is a precursor to a larger war over who owns consumers making transactions using mobile devices. More.

NYT announces paywall!

The paper will begin charging “the most frequent users of its Web site” $15 for a month for access. Read here how it will work.

Telegraph group profits up on ad rebound

Profits at Telegraph Media Group jumped 11% to almost £60m in 2010 thanks to a rebound in advertising markets and continuing cost savings from putting print and digital operations together. More.