Australian stock in Rupert Murdoch’s News Corp have jumped after a report that the company may split its publishing assets from its entertainment arm.
Rebekah Brooks has been charged with perverting the course of justice over a phone hacking scandal at one of Rupert Murdoch’s newspapers.
The British newspaper arm of News Corp has admitted to victims that executives covered up the scale of illegal activity by destroying evidence.
The phone-hacking scandal at News Corp threatens to spread to other titles, as another journalist at the <em>Sun</em> newspaper is arrested.
Rupert Murdoch acknowledged for the first time publicly that his son James is not the preferred choice to succeed him as News Corp CEO.
Pressure is growing for the Murdoch family to provide an even greater sacrifice for the survival of the media empire’s profits.
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/ 13 January 2011
Stop the presses — completely. The world’s first iPad newspaper, the <em>Daily</em>, is prepping for launch.
Struggling social network seeks to cut costs as parent News Corp explores sell-off, according to reports.
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/ 10 November 2009
Global media mogul Rupert Murdoch has accused Google of stealing from his News Corp empire.
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/ 3 December 2008
News Corp’s online social network MySpace is about to make video clips from its members’ pages available for viewing on mobile devices.
The 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.
Rupert Murdoch has abandoned his -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 -million offer from a cable television operator, Cablevision.
An 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.
Yahoo! faced growing pressure on Sunday to find an alternative strategy to Microsoft’s ,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 walked away from its bid to buy Yahoo! on Saturday after the internet company turned down its offer to raise the price by -billion to ,5-billion. Microsoft’s offer was for a share but Yahoo! would not lower its demand below , Microsoft chief executive Steve Ballmer said.
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/ 14 February 2008
Rupert 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!.
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/ 5 December 2007
Rupert 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.
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/ 5 December 2007
The 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”.
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/ 5 November 2007
United 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.
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/ 30 October 2007
A computer developed for the world’s poor children, dubbed ”the laptop”, has reached a milestone: It is now selling for . 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 apiece on its website.
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/ 24 October 2007
When 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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/ 18 October 2007
News Corp’s Rupert Murdoch said his recently-launched Fox Business Network cable channel is off to a good start and joked that its rival, top United States business news cable network CNBC, was ”half-dead.” Fox Business launched in 30-million homes on Monday featuring a programme lineup that seeks to make business news palatable to the average viewer.