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The Times Market Report

Burst Media soared 383 per cent to 20.15p after the online advertising company agreed to be bought for $30 million by blinkx, the biggest internet video search engine and darling of retail investors. Applause for the deal saw blinkx, which hoped Burst would help it to build dedicated online TV channels, run 10.2 per cent higher to 122p. Shares in the AIM company, spun out of Mike Lynch’s Autonomy in 2007, have risen tenfold in a year.