THE SMART NEWS SOURCE | Feb 10 2012 16:34 | LAST UPDATED Feb 10 2012 16:34 |
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News Corp comes clean on scale of hacking cover-upThe British newspaper arm of News Corp has admitted to victims that executives covered up the scale of illegal activity by destroying evidence. Piers Morgan's testimony has little impactPiers Morgan' testimony before a British panel looking into media ethics was big news in the UK, but made little splash in the US. New twist in News Corp scandal with journalist's arrestThe phone-hacking scandal at News Corp threatens to spread to other titles, as another journalist at the Sun newspaper is arrested. Rupert Murdoch taps Chase Carey as next in lineRupert Murdoch acknowledged for the first time publicly that his son James is not the preferred choice to succeed him as News Corp CEO. Murdochs fight to stay afloat as sharks circlePressure is growing for the Murdoch family to provide an even greater sacrifice for the survival of the media empire's profits. Journalists to launch first iPad newspaperStop the presses -- completely. The world's first iPad newspaper, the Daily, is prepping for launch. MySpace 'set to cut up to 50% of staff'Struggling social network seeks to cut costs as parent News Corp explores sell-off, according to reports. News Corp's Murdoch warns he may block GoogleGlobal media mogul Rupert Murdoch has accused Google of stealing from his News Corp empire. Can you watch on the trot?News Corp's online social network MySpace is about to make video clips from its members' pages available for viewing on mobile devices. Murdoch tightens control of JournalThe former Times editor Robert Thomson was named managing editor of the Wall Street Journal on Tuesday night as Rupert Murdoch tightened control of the world's top selling business newspaper. Thomson's new role is the top editorial position at the Journal. Murdoch concedes in the fight for NewsdayRupert Murdoch has abandoned his $580-million attempt to buy Newsday in an about-turn likely to relieve campaigners pressing for diversity in United States media ownership. Murdoch's News Corporation withdrew its bid for the Long Island daily because it was unwilling to match a $650-million offer from a cable television operator, Cablevision. Super 14 revamp on the cardsAn expanded United States conference-style Super rugby series is being touted by the New Zealand Rugby Union as a way of reviving the flagging Super 14 rugby tournament for the 2010 season. NZRU officials have begun a nationwide tour of all the franchises and provinces to divulge their concepts, which then need to be accepted by Sanzar partners. Investors eye Yahoo!'s alternatives to MicrosoftYahoo! faced growing pressure on Sunday to find an alternative strategy to Microsoft's $47,5-billion takeover offer after the software maker walked away over a disagreement on price. Yahoo! shares could fall by more than 30% on Monday over the breakdown of talks. Microsoft withdraws offer for Yahoo!Microsoft walked away from its bid to buy Yahoo! on Saturday after the internet company turned down its offer to raise the price by $5-billion to $47,5-billion. Microsoft's offer was for $33 a share but Yahoo! would not lower its demand below $37, Microsoft chief executive Steve Ballmer said. Murdoch rescue bid for Yahoo! sets up showdownRupert Murdoch's News Corporation (News Corp) is negotiating to rescue embattled internet company Yahoo! through an alliance that could set up a heavyweight business showdown between the Australian-born media mogul and Microsoft's Bill Gates. News Corp has begun tentative talks about merging its online division with Yahoo!. Another unwitting Borat cast member files lawsuitThe creators of the hit film Borat were sued again on Tuesday, this time by a driving instructor seen in the comedy admonishing the fake Kazakh reporter for yelling insults at other drivers. Michael Psenicska was duped into participating in the film after it was described to him as a "documentary about the integration of foreign people into the American way of life". Lo, Murdoch did bring the good newsRupert Murdoch is out to prove that you can serve God and mammon after all. The tycoon's Fox Entertainment has bought beliefnet, the largest online faith and spirituality network. The site is a portal that includes interviews with celebrities and politicians, social networking tools, inspirational stories and sacred text searches. Hollywood writers begin strike as talks collapseUnited States film and television writers started going on strike on Monday as last-minute talks aimed at averting the Writers Guild of America's first strike in almost two decades collapsed. The strike is expected to shut down many sitcoms and send popular late-night talk shows immediately into reruns. Price of professor's '$100 laptop' hits $200A computer developed for the world's poor children, dubbed "the $100 laptop", has reached a milestone: It is now selling for $200. The One Laptop per Child Foundation, founded by MIT Professor Nicholas Negroponte, has started offering the lime-green-and-white machines in lots of 10 000 or more for $200 apiece on its website. Nokia's Mosh marries mobile with social networkingWhen George Linardos was ordered to clear his diary to help dream up new business for Nokia, he imagined six weeks brainstorming on the terrace of a five-star hotel in the Caribbean. What he got was a pot of porridge every morning at a Spartan hotel hours from Finnish capital Helsinki, with forests and snow all around. |
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