Channel | Digital

WPP has acquired Blast Radius, an interactive agency based in Vancouver. Terms of the acquisition were not disclosed.

Microsoft will take a $240 million (1.6%) equity stake in Facebook, the online social network, and will expand its existing advertising partnership with the company.

Redcats USA has selected Mercent software to help expand its online sales. The budget was not disclosed.

Monthlysocks.com (www.monthlysocks.com), markets men

Karalee Designs (www.karaleedesigns.com) markets belt buckles, necklaces, rings, pet collars and other products

Amazon.com reported $80 million in net income during its third quarter, up from $19 million a year ago. The online retailer's net sales rose from $2.31 billion to $3.26 billion during the same period. The quarter ended Sept. 30.

Consumers who use online search to look up packaged goods are more engaged with the products they find, and ultimately spend more, according to a new study.

(Promo) Yahoo chief marketing officer Cammie Dunaway has become the latest C-level executive to leave the Web portal/search engine since co-founder Jerry Yang stepped in to replace former CEO Terry Semel last June.

Travelzoo, an online travel deals firm, has named Max Rayner chief information officer, effective Nov. 5.

Hitwise Pty. Ltd. has launched a Web-based retail data center for tracking online shopping trends and data.