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Edinburgh business The Kilt Store has recently reported that their sales have boomed since going online.

Struggling US internet company Yahoo has reported shares in the company have risen by 5 per cent after it reports the company is close to selling it 40 per cent stake back to Alibaba Group.

A recent report has suggested that home shopping retailer Shop Direct are planning to close two of its four call centres along with taking the work overseas as there just isn’t the demand to ‘talk to someone’ as online shopping rises.

Moshi Monsters is a social network designed for children to provide them with a place to interact online safely with their friends along with providing fun and educational use,

Online green grocer Ocado has reported a boost in their sales as figures are up by 7 per cent.

Internet giant Microsoft has recently launched its social networking site So.cl to the general public.

A recent report has suggested that search engine Google are having a makeover with a new website design set to make it easier for people to search and receive relevant facts and answers along to what they are looking for in the current list format.

With companies like Yahoo reportedly axing large proportions of their work force, others like Skype are thriving. Skype are thought to be creating around 400 more jobs initially in Europe, with the Microsoft owned company expected to launch a new technology centre in London.

It is thought that a large investment group are to buy a substantial part of the Game Groups business after 277 stores were immediately closed down when they recently went in to administration.

Apple has reported profits in excess of £7.2 billion for the first three months of 2012 as more than 35 million iPhones were sold and more than 11.8 million iPads.

It’s predicted that mobile searches will increase by 150% in the next twelve months bringing in an astonishing £10billion worth of business.

It wasn’t that long ago that the high street was the only place to go for some retail therapy but times have changed and a recent study now shows that out of all retail purchases in the UK 9% are now performed online and it’s only going to grow.

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