Metro International sales were down in the first quarter compared with the same quarter last year, the company announced Monday.

However, although operating losses were at €5.6 million for the 2008 first quarter, they were less than the €8.8 million losses of the same quarter in 2007, Newspaper Innovation reported Monday.

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MySpace has launched an ad platform called Community Builder, which gives advertisers more control over their presence and allows them to build, maintain and customise brand profiles, Brand Republic reported Monday.

The platform is now in a trial phase. It offers advertisers with analytics to help them gauge campaign performance and make real-time adjustments.

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A newspaper that reported rumours of a marriage between Vladimir Putin and a 24-year-old gymnast has closed the day following the report, after the Russian president told journalists the reports were unacceptable, The Independent reported Monday.

Moskovsky Korrespondent first reported the affair, but Putin denied he and his wife Ludmilla divorced, and thathe is to wed Alina Kabaeva. Meanwhile, the newspaper's editorial team said the story had no factual basis.

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The UK-based Daily Sport is coming out with a new look, focusing more on sports, girls, and humorous material while staying away from showbusiness-type content. In other words, the paper will go for more of a “sexy” look, instead of “sleazy,” the Guardian reported Monday.

“If it is not about sport, if it is not about girls and does not make you laugh, then don’t bother,” Barry McIlheney, editor-in-chief of parent company Sport Media Group told the Guardian.

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New York City Mayor Michael Bloomberg Monday dismissed media reports that he could be a suitor for the New York Times Co., announcing that he is not interested in getting into the newspaper industry, Reuters reported.

"I am not going to go into the newspaper business," Bloomberg told reporters at a press conference. "I am not a newspaper person."

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