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Media Accreditation Begins for 2012
Sports Editors: The U.S. Olympic Committee will accept requests from media organizations starting Tuesday for accreditation to the 2012 Olympic Games in London. The application form is available through the USOC's media-specific site, USOCPressbox,org. Click here to go to the request site: http://pressbox.teamusa.org/Pages/Credentials.aspx.

Virgin Media to Start $584 Million Buyback Program After Profit Increases
Virgin Media Inc. , the U.K.s second-largest pay-television company, said it will start a share buyback program after operating profit advanced and it completed its refinancing program.

State media says explosion at factory in eastern China has injured about 100 people
State media says explosion at factory in eastern China has injured about 100 people.

Media Culture's Downward Spiral Seen in Shirley Sherrod Case
Media Culture's Downward Spiral Seen in Shirley Sherrod Case

Virgin Media posts strongest growth in four years
Virgin Media has posted its best performance in four years withsecond-quarter results showing a 7.1 per cent rise in revenues to £964m.

Media speculates over report Philips may sell unit to TPV
Local media is speculating that Dutch electronics giant Royal Philips Electronics is mulling whether to sell its LCD TV business in the Chinese market to Hong Kong-listed TPV Technology Limited. Philips spokesman Zhang Tonghua called the report "rumor and speculation".