James Murdoch News
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Updated 45 minutes ago
James Murdoch, deputy chief operating officer of News Corp. and son of Chairman Rupert Murdoch, sold $25.1 million of nonvoting shares in the company, capitalizing on a 65 percent gain in the stock over the past year.
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Apple Inc. engaged in a horizontal price-fixing scheme with some of the U.S.’s largest publishers to violate antitrust laws by working “to strip retailers of pricing authority,” the U.S. Justice Department said in a court filing.
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James Murdoch, News Corp.’s deputy chief operating officer, stepped down as chairman of pay-TV company British Sky Broadcasting Group Plc following demands he resign over his role in a U.K. phone-hacking scandal.
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News Corp. Chairman Rupert Murdoch arrived in London last July to take charge of a burgeoning phone-hacking scandal and was asked by reporters what his priority was.
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As Rupert Murdoch testifies this week before a judge-led inquiry into media ethics, strict security is in place to protect him from agitators like the man who shoved a foam pie in his face when he made a similar appearance before Parliament.
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Rupert Murdoch told a U.K. media- ethics inquiry that he “failed” to prevent the phone-hacking scandal at News Corp.’s News of the World tabloid and blamed employees and lawyers for covering up the crime.
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James Murdoch, the News Corp. executive whose leadership has been called into question over phone hacking at the company’s U.K. unit, continued to blame his subordinates in testimony to a media-ethics inquiry.
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News Corp. Deputy Chief Operating Officer James Murdoch told U.K. lawmakers he should have dug deeper to uncover the phone-hacking scandal at the company’s U.K. unit.
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News Corp. is considering giving Deputy Chief Operating Officer James Murdoch oversight of its U.S. television operations, according to people with knowledge of the situation.
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News Corp. Deputy Chief Operating Officer James Murdoch blamed News of the World executives for not telling him in 2008 about evidence that phone hacking at the newspaper went beyond one reporter.
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