The global economic downturn is hitting everyone hard, with Samsung posting a warning of 44 percent lower profits than expected prompting a 14 percent share drop.

The CEO of DSG International - the company which runs high street PC retailer PC World - has announced a £30 million drop in pre-tax profits.

The ITU is warning all internet users against using the same username/password combination. It claims that most users will login with the same details on almost all sites and that the situation is ripe for fraudsters and criminals to attack.