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News Corp News

Op-Ed: News Corp forces destruction of its leaked accounts

Sydney - In a move which has surprised even regular News Corp critics, the company has forced Australian online journal Crikey to destroy copies of leaked information regarding News Corp newspaper financial reports.

Time Warner rejects Rupert Murdoch's bid to buy company for $80B

New York - Andrew Ross Sorkin, co-anchor of CNBC's Squawk Box, reported exclusively that Rupert Murdoch's Twenty-First Century Fox has made an $80B takeover bid for Time Warner in cash and stock. That offer was rejected by the Time Warner board, reported Sorkin.

Op-Ed: The war against public broadcasting —ABC Australia in firing line

Sydney - There’s been an ongoing war against public broadcasters, notably the BBC and PBS, waged mainly by commercial media interests trying to reduce their competition. In the case of ABC Australia, politicians are getting involved.

Op-Ed: Murdoch's impunity in the hen house

Rupert Murdoch will appear once again in front of British lawmakers after the release of a secret recording of statements he made before Sun newspaper journalists in March this year, many of whom had been arrested over the British phone-hacking scandal.

With Tumblr acquired, Yahoo enters crowded bidding pool for Hulu

Coming off the heels of a $1.1 billion acquisition of popular social media blogging site Tumblr, Yahoo announced on Friday its entry into the bidding for digital video property Hulu.

Op-Ed: News Corp slams Australian government media regulation idea

Sydney - News Corp is not happy about a proposal by the Federal government to regulate media "in the public interest". News Corp and the Gillard government aren’t exactly on the best of terms, but the proposal has some obvious flaws.

News Corps ends scandalized year at loss of more than $2 billion

News Corp, one of the world's most powerful publishing conglomerates, is rounding off a scandal-rocked financial year with reports of astonishing capital losses.

Rupert Murdoch apologizes for ‘Jewish owned press’

Media mogul Rupert Murdoch apologized Sunday morning for a tweet criticizing the “Jewish owned press” over its stance on Israel.

Teenager receives $1 million for creating app

London - Founder of the Summly app, Nick D'Aloisi is in awe of the new found app's popularity and the $1 million in investment capital he has received from celebrities such as Ashton Kutcher and Mark Pinkus.

Op-Ed: Murdoch quits boards of UK papers, News International

Rupert Murdoch has quit the boards of the various News papers and News International. News Corp says that this is in preparation for the coming split of operations into two separate News Corp groups, print media and entertainment.

News Corp stands by their man, has 'full confidence' in Murdoch

Days after British lawmakers questioned Rupert Mudoch's fitness to run his multi-billion dollar company, News Corp.’s board of directors issued a statement standing by their man saying, it has “full confidence” in Murdoch.

The damning verdict: Rupert Murdoch 'not fit' to lead News Corp

Rupert Murdoch is not fit to run a major international company, British lawmakers said in a damning report Tuesday, finding him guilty of "willful blindness" towards its staff at the News of the World tabloid.

James Murdoch severs all ties with News Corp in Britain

Following his move last month, James Murdoch has severed all ties with News Corp's British newspaper business which is at the center of phone hacking and bribery.

James Murdoch steps down from News Corp

James Murdoch, the youngest son of media mogul Rupert Murdoch, resigned overnight as the head of his father’s scandal-plagued newspaper in Britain.

Op-Ed: Union says News betrayed Sun staff ‘for doing their jobs’?

Sydney - In an unprecedented outburst which does nothing for the credibility of the journalistic profession, the UK's National Union of Journalists has accused News International of “throwing arrested journalists to the wolves”.

Op-Ed: The old vs. the new — AP’s NewsRight vs. Google and Twitter

Sydney - AP, like News Corp press and some others, have been bitching about news aggregators for years. They’re seen as “stealing” news and undermining the bottom line of these previously exclusive sources. There’s a few things wrong with this position.

Murdoch admits Myspace was a 'huge mistake' for News Corp

Los Angeles - News Corp held their annual shareholders' meeting yesterday and reportedly sparks flew. This past year has not been a good one for the corporation, due to scandals and financial disasters.

Op-Ed: Protester sentenced to six weeks in prison for Murdoch pie attack

Westminster - Jonathan May-Bowles has been jailed for six weeks after attacking News Corporation CEO Rupert Murdoch with a shaving foam pie.

How willful blindness infects corporate culture across the world Special

An expert on willful blindness explains why companies, such as News Corp, have a difficult time rooting out poisonous practises harming their brand. Margaret Heffernan also suggests a few tips for cleaning house.

TopFinds: Grilling the Murdochs in the UK, NASA's asteroid pic

James and Rupert Murdoch face intense questioning at a British hearing. NASA reveals up-close images of the Vesta asteroid. How small-business owners are adapting to the economy. These are the top stories making headlines on DigitalJournal.com.

Op-Ed: News Corp phone hacking — who’s to blame?

With the death of News Corp phone hacking whistleblower Sean Hoare reported on Monday, there will be a number of relieved policemen, politicians and ex News Corp employees.

Video: Rupert Murdoch attacked with plate of shaving cream

During his testimony at a British Parliament committee Tuesday, News Corp CEO Rupert Murdoch was struck by a plate of shaving cream hurled by an unknown man. Murdoch wasn't hurt and the man was quickly arrested outside the hearing room.

Hacker group LulzSec takes down Murdoch-owned news sites

Notorious hacking community LulzSec claimed responsibility for the Monday night attack on UK's The Sun and Times Online. They also posted a fake story on the Sun homepage about Rupert Murdoch's death before it was removed.

Fox News mixes up UK phone-hacking scandal with data hacking

On the show Fox & Friends, host Steve Doocy invited a PR expert to explain his view on the UK phone-hacking scandal, but they both mistakenly believed the voicemail hacking was related to the data breaches caused by hackers such as Anonymous.

Op-Ed: Fallout continues as News, Dow executives jump ship

New York - Both Dow Jones CEO and Wall Street Journal publisher Les Hinton and former News International CEO Rebekah Brooks have resigned. The resignations come as lawmakers probe phone hacking allegations.

Rupert Murdoch under FBI investigation

The Federal Bureau of Investigation has launched a probe into allegations that journalists at Murdoch’s News Corporation bribed police and hacked telephones in order to gain access to 9/11 victims’ phone records.

Op-Ed: Closing an open sewer – The end of the News of the World

London - I’d been waiting for a Murdoch move regarding the News of the World. I knew News would never tolerate the revelations regarding the phone hacks of missing children, dead soldiers and other revolting acts. This is the right move for the right reasons.

News Corp. sells MySpace to Specific Media for $35 million

News Corp. is unloading its struggling social media hub to the largest online advertising networks in the U.S. for $35 million. The selling price is a far cry from the $580 million News Corp paid for MySpace in July 2005.

Op-Ed: News Corp's much-hyped 'The Daily' brings nothing new to news

While News Corp's Rupert Murdoch appears to have become smitten with tablet applications and the news consumption platform that tablets represent, it may be beneficial for him to remember Conde Nast's 'Portfolio' disaster.

News Corp. unveils iPad-only news publication 'The Daily'

New York - News Corp. CEO Rupert Murdoch unveiled his company's vision for the future news publication today and it's called "The Daily." The publication is available only on the Apple iPad and represents News Corp.'s vision for the future of digital media.
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Rupert Murdoch at a hearing before a House of Commons committee in London
Rupert Murdoch at a hearing before a House of Commons committee in London
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Rebekah Brooks charged with perverting the course of justice
Rebekah Brooks charged with perverting the course of justice
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A shot of the stage at News Corp. s launch of its iPad-only news publication called  The Daily.  Fro...
A shot of the stage at News Corp.'s launch of its iPad-only news publication called "The Daily." From left to right: News Corp. Chief Digital Officer, Jon Miller; Eddy Cue, vice president of Internet Services for Apple; News Corp. CEO Rupert Murdoch; and The Daily's Editor, Jesse Angelo.
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Eddy Cue  vice president of Internet Services for Apple  at a press conference in Manhattan announci...
Eddy Cue, vice president of Internet Services for Apple, at a press conference in Manhattan announcing the launch of the iPad-only news publication, "The Daily."
Screen grab from press conference
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The Daily  an iPad-only news publication  showcases 360-degree photos  high-def video  breaking news...
The Daily, an iPad-only news publication, showcases 360-degree photos, high-def video, breaking news and more. The publication is available for $0.99 per week.
Screen grab from press conference
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Rupert Murdoch at a hearing before a House of Commons committee in London
Rupert Murdoch at a hearing before a House of Commons committee in London
Footage from livestream
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CEO of News Corporation Europe and Asia  James Murdoch at hearing in front of a House of Commons com...
CEO of News Corporation Europe and Asia, James Murdoch at hearing in front of a House of Commons committee in London
Footage from livestream
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News Corp. CEO Rupert Murdoch.
News Corp. CEO Rupert Murdoch.
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 The Daily  is an iPad-only publication from News Corp.
"The Daily" is an iPad-only publication from News Corp.
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News Corp. CEO Rupert Murdoch at a press conference in Manhattan.
News Corp. CEO Rupert Murdoch at a press conference in Manhattan.
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Rupert Murdoch at a press conference.
Rupert Murdoch at a press conference.
Reuters
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Rupert Murdoch  CEO of News Corporation
Rupert Murdoch, CEO of News Corporation
Investors Europe
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CEO of News Corporation Europe and Asia  James Murdoch (left)  and media icon Rupert Murdoch  testif...
CEO of News Corporation Europe and Asia, James Murdoch (left), and media icon Rupert Murdoch, testify before a House of Commons committee in London
Footage from livestream
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