The site, which ITV acquired for £175m in 2006 and has lost market share to the likes of Facebook, is being acquired by DC Thomson-owned Brightsolid, the owner of genealogy website Findmypast.com.

That was the only bad news for ITV today as they also reported a pre-tax loss of £105m in the first six months of 2009 as revenues fell 12pc to £909m.

Despite the success of shows such as Dancing On Ice and Britain’s Got Talent, the recession sent the ITV’s advertising revenues down 12pc, with revenues generated from its TV channels falling 15pc. Michael Grade, the company’s executive chairman, has responded to the downturn by cutting costs and ITV said today that it’s on track to cut costs by £155m this year.

Facebook

It seems that Facebook don’t believe in the confirmed optin process when it comes to slapping your face all over their facebook advertising.

Just in case you didn’t know.. you have to opt out to prevent your avatar being used in a contextual advert within the facebook site.

You will need to remove permission..

1. Log into your Facebook account.

2. Select “Settings” (at the top right of the screen) and choose “Privacy” from the drop down menu.

3. Then choose newsfeeds and wall and click on the “Facebook Ads” tab.

4. Finally, choose “No One” in the appearance in Facebook ads popup. Be sure to confirm the change by clicking “Save“.