News Corp

  • News Corp's Rupert Murdoch files for divorce 13-06-2013 10:26 PM

    News Corp Chief Executive Rupert Murdoch has filed for divorce from his wife Wendi, the company confirmed on Thursday. The reasons for the filing were not immediately clear, though a spokesman for Murdoch said the marriage had been irretrievably broken for more than six months. Murdoch, 82, married the former...
  • Rupert Murdoch gleeful at BBC debacle in Britain 13-11-2012 01:30 AM

    London: Few seem to be enjoying the management meltdown at the venerable BBC more than Rupert Murdoch, the News Corp. chief whose rival British newspapers have been caught up in their own lengthy, embarrassing and expensive phone-hacking scandal. But the troubles for both media organizations highlight that the news industry...
  • The perils of India's lazy journalism

    Espresso Economics |  Vivian Fernandes
    Greedy owners and cataract-ic managers have hollowed out Indian journalism from within, but it is self-obsessing editors with yacht-size lifestyles that have inflicted the most...

  • Didn't read hacking email in full: James Murdoch 14-12-2011 07:28 AM

    London: As inquiries continue at various levels into the phone-hacking row, News International chairman James Murdoch on Tuesday admitted that he had received an email in 2008 that detailed phone-hacking at the News of the World tabloid, but claimed he did not read it in full. The email is a...
  • James Murdoch re-elected BSkyB chairman 30-11-2011 05:02 AM

    London: James Murdoch, the son of media mogul Rupert Murdoch, was on Tuesday re-elected chairman of British broadcaster BSkyB even though a fifth of shareholders voted against his reappointment. Several key shareholders of BSkyB voted against James Murdoch at the company's annual general meeting on Tuesday. News Corp, which owns...
  • News Corp scandal spreads with Sun reporter arrest 05-11-2011 01:33 AM

    London: A scandal engulfing Rupert Murdoch's News Corp threatened to spread to more than one title on Friday as sources said a journalist at the Sun newspaper had been arrested over allegations of police bribery. Police investigating events at the News of the World tabloid after a phone hacking scandal...
  • NOTW phone hacking: Now legal action in US 23-09-2011 07:29 PM

    London: There was more bad news for media baron Rupert Murdoch on Friday as lawyers representing the murdered British teenager Milly Dowler said they would soon launch legal action against News Corp in the United States. It was the report that 13-year-old Dowler's phone was tapped allegedly at the behest...
  • Fresh arrest in British phone hacking case 07-09-2011 04:21 PM

    London: A 35-year-old man on Wednesday became the sixteenth suspect to be arrested by British police as part of the investigation into phone hacking at the now-defunct News of the World tabloid of media baron Rupert Murdoch. Officers from Scotland Yard arrested the unnamed man early on Wednesday morning after...
  • NOTW: James Murdoch declines $ 6 mn bonus 03-09-2011 07:04 AM

    New York: News Corp awarded Rupert Murdoch and his son James big compensation increases, though James declined his bonus, citing controversy over a phone hacking scandal at the UK newspaper unit that he oversees. The annual bonus, announced on Friday, would have bumped James Murdoch's compensation by 73 percent. His...
  • US expands News Corp probe: report 14-08-2011 08:23 AM

    Chicago: US authorities are investigating if Britain's News Corp had a broader pattern of misconduct in the United States, the 'Wall Street Journal' reported in its online edition on Saturday. The latest investigation concerns past allegations of misconduct, including the company's supermarket-coupon and advertising unit that settled a lawsuit from...
  • News Corp investors face long odds over hacking 13-08-2011 01:53 PM

    New York: News Corp shareholders angry over the hacking scandal engulfing Rupert Murdoch's media conglomerate face an uphill fight trying to hold company executives and directors responsible in court. In the nearly six weeks since the scandal erupted, shareholders have seen roughly $ 5 billion of market value disappear -...
  • Murdoch's daughter delays joining News Corp 06-08-2011 02:07 PM

    Los Angeles: Elisabeth Murdoch, the daughter of News Corp CEO Rupert Murdoch, has delayed taking her seat on the News Corp board, a sign the company is trying to duck criticism that the publicly traded company is run like a family dynasty. Such criticism reached new heights after a phone-hacking...
  • Eleventh arrest in UK tabloid hacking scandal 03-08-2011 03:02 AM

    London: Stuart Kuttner, managing editor of the News of the World for 22 years, was arrested and later freed on bail on Tuesday over a phone-hacking scandal at the now-defunct tabloid that has rattled Britain's establishment, a source close to the case said. Police said a 71-year-old man had been...
  • James Murdoch confirmed as BSkyB chairman 29-07-2011 07:29 AM

    London: James Murdoch was unanimously confirmed as chairman by BSkyB's board, winning a reprieve from a phone-hacking scandal that threatens to draw him into multiple investigations, two sources briefed on the board meeting told Reuters. Thursday's meeting of the BSkyB board was its first since the crisis forced News Corp...
  • BSkyB board faces decisions on chairman, dividend 28-07-2011 02:20 AM

    London: The board of British Sky Broadcasting meets on Thursday, facing a possible decision about the position of its chairman, James Murdoch, after he became embroiled in the phone hacking scandal. It's the first board meeting since Rupert Murdoch's News Corp abandoned a takeover bid for BSkyB because of the...
  • News Corp's UK political meetings to be documented 26-07-2011 01:32 AM

    London: Ministers in Britain's coalition government, criticised for being too close to Rupert Murdoch's scandal-hit News Corp, face more scrutiny this week when details of their meetings with the company's executives are published. News Corp executive James Murdoch is also under pressure over his handling of a phone-hacking scandal that...
  • BSkyB chair James Murdoch backed by investor 24-07-2011 06:29 PM

    London: A leading investor in BSkyB said he backs James Murdoch staying as chairman of the pay-TV firm despite politicians questioning his suitability, the Telegraph newspaper web site reported on Saturday. Crispin Odey, head of hedge fund Odey Asset Management, which holds around 2.7 per cent of BSkyB's shares, told...
  • NOTW: Who is paying News Corp's legal bills? 21-07-2011 09:12 AM

    New York: With executives from News Corp and some of its subsidiaries heading for the exits, legal bills from the phone-hacking scandal rocking the company are no doubt stacking up. But depending on the companies' directors and officers insurance coverage, News Corp and its divisions aren't likely to be responsible...
  • NOTW: can Cameron survive the scandal? 21-07-2011 08:36 AM

    The News of the World controversy has stretched from the newspaper to Scotland Yard and into the British government, here's a look at the case a day after Rupert Murdoch's testimony and David Cameron's defence. ...
  • NOTW scandal: fall from grace for Murdoch 20-07-2011 09:00 AM

    New Delhi: King of the tabloids and hard-boiled businessman Rupert Murdoch, 80, heads the world's second largest media conglomerate that includes top brands like Twentieth Century Fox, Fox Television, the Sun, the Wall Street Journal, Harper Collins, and MySpace. But Murdoch's great love has always been the newspaper business. Rupert...
  • Rupert Murdoch to face British MPs in Parliament 19-07-2011 09:16 AM

    London: Former News Of The World journalist and whistleblower of the 9/11 phone-hacking scandal Sean Hoare was found dead at his home in Watford, 40 kms away from London. The police on Monday evening said that Hoare's death was being treated as unexplained. So far the police have not termed...
  • Hacking scandal turns up heat on News Corp board 16-07-2011 10:46 AM

    New York: The resignations of two of Rupert Murdoch's top lieutenants are not expected to solve the corporate governance problems at his beleaguered media empire, which is widely criticized for having an over-cozy board. Les Hinton, head of News Corp's Dow Jones & Co, resigned on Friday after becoming a...
  • Hollywood gloats silently over News Corp scandal 13-07-2011 11:21 AM

    Los Angeles: British actors Hugh Grant and Steve Coogan may be publicly cheering the woes of Rupert Murdoch's media empire in a newspaper hacking scandal, but in Hollywood any gloating is largely taking place behind closed doors. Since few American stars appear to have been targeted by the hacking into...
  • News Corp sells Myspace, ending six-year saga 30-06-2011 08:32 AM

    New York: News Corp has sold Myspace for $35 million, a fraction of what it paid for the once-hot social media site even as a new generation of Web-based start-ups is enjoying sky-high valuations. Advertising company Specific Media will team with the singer Justin Timberlake to acquire Myspace in a...
  • How News Corp got lost in Myspace 09-04-2011 11:25 AM

    New York: As Rupert Murdoch stepped into the Grand Ballroom of San Francisco's Palace Hotel at the Web 2.0 conference in October 2007, the developers and engineers who packed the room fell into a respectful hush. It was the sort of greeting usually reserved for one of their own tech...
  • Spotted: Prototype of Apple's newest iPad! 04-02-2011 02:50 PM

    New York/San Francisco: Spotted at Rupert Murdoch's splashy digital newspaper launch on Wednesday: a prototype of Apple's newest iPad. A Reuters eyewitness saw what appeared to be a working model of the next iPad with a front-facing camera at the top edge of the glass screen at a press conference...
  • First impressions: 'The Daily' iPad newspaper 03-02-2011 03:02 PM

    New Delhi: At a time when the US newspaper industry is struggling with dipping circulation and ad revenues, News Corp. has ventured into the emerging world of tablets with a daily 'newspaper' for the Apple iPad in a bid to revive fortunes. The Daily isn't the newspaper I was expecting,...
  • The Daily: First iPad newspaper debuts 03-02-2011 11:16 AM

    New York: Rupert Murdoch's News Corp. launched the first iPad-only newspaper on Wednesday. It is hoping the right combination of traditional reporting and technological wizardry will lure enough subscribers and advertisers to pay for a new way of delivering journalism. News Corp. plans to charge 99 cents per week or...
  • iPad digital newspaper delayed 14-01-2011 05:21 PM

    Bangalore: News Corp and Apple Inc are delaying the launch of the media conglomerate's digital newspaper for the iPad, the Wall Street Journal reported, citing people familiar with the matter. The tablet newspaper, which will be called The Daily, was supposed to be unveiled next Wednesday, but the two parties...