WPP's Sorrell sees more consolidation ahead link.reuters.com

So what's on the schedule today? Highlights include Microsoft founder Bill Gates -- the man most people want to catch a glimpse of at Davos -- taking part in a session featuring Zimbabwe's PM Morgan Tsvangirai about the Millunnium Development Goals. Elsewhere, Renault Chairman and CEO Carlos Ghosn will feature in a session on moving forward following the Copenhagen Climate Summit and there is a session on the U.S. economy with Lawrence Summers, Director of National Economic Council, Executive Office of the President. Google boss Eric Schmidt is also in action, taking part in a discussion on how technology can deliver healthcare and education.

The Davos session on the growing influence of social network sites, featuring some of the top people at Facebook, Twitter, LinkedIn, MySpace and Seesmic has been posted to the WEF's YouTube channel. You can watch it in the player above.

Today's Davos special report, by Reuters' correspondent Krista Hughes, features Glenn Stevens, the governor of the Reserve Bank of Australia, an "accidental hero of the global financial crisis." Why was Australia one of the few G20 nations to sidestep a brutal recession? Read more here www.reuters.com

What are the royals up to in Davos? Reuters correspondent Natsuko Waki spoke to H.R.H. Haakon of Norway, the crown prince, about his objectives at the WEF. Turns out he is here to work with youth groups. Above is a video clip of his response, and you can read Natsuko's full blog post here blogs.reuters.com

At the BBC world debate session #Davos, TV sets falling apart. Presenter asking:"could you move closer to get an intimate feeling?"

More from #Davos BBC debate. Presenter asks participants to take off badges, not to use blackberry, not to fall asleep and not to snore.

You thought bank PRs were bad about forcing hacks to "check quotes" etc? Just check out the PRs for UK C-list celebs! bit.ly

Classic Davosbollocks RT @jeffjarvis: Columbia's Bollinger: "a free market system simply will not support a free press." Oy. #wef

Got caught up in Twitter and missed my shuttle-bus stop. Now where am I? #wef

RT @jeffjarvis: At #wef I am surrounded by disrupted institutions in various stages of decline, panic and protectionism

Alvaro Uribe has aged a lot since he was first elected. And now sports some very interesting eyewear. #wef

Greece finmin: Not in bailout talks with EU states link.reuters.com

The opening session on day three of the WEF featured Bill Gates and Morgan Tsvangirai discussing the Millenium Development Goals (MDGS). Mr Gates said: "It is clear we are not going to get straight As on MDGs but among our successes is malaria where we should hit our goal; Vietnam likely to make all MDGs."

Zimbabwe PM Tsvangirai talks about poverty in his homeland. "What we need is a development model that can pull the village out of peasant entrapment," he says.

sitting in congress centre listening to conversation about the future of journalism...doesn't sound good

Highlights from Rethinking Government Assistance panel at WEF link.reuters.com

Ferrovial chairman Rafael del Pino told Reuters Insider this morning that the company has no plans to tap equity markets and talked about his levels of optimism for the coming year. "I think everybody is cautiously optimistic and there is a much better mood than last year, no doubt. So we are expecting the continuation of growth but at a lower rate obviously than the past decade," he said. Watch full video of that interview here www.reuters.com