Telephone hacking by reporters at Rupert Murdoch's News of the World newspaper have thrown News Corp. under a harsh spotlight and scuttled the media conglomerate's $12.5 billion bid for a UK broadcaster
Shadi Sadeek Sanbar, chief financial officer at Saudi billionaire Prince Alwaleed bin Talal’s Kingdom Holding Co., is planning to leave the company this month, according to four people with knowledge of the matter.
Vivendi SA shareholder Vincent Bollore will replace Chairman Jean-Rene Fourtou, who led the former French utility for more than a decade, when it completes a separation of telecommunications business from media assets.
Rebekah Brooks, the former chief executive officer of News Corp.’s U.K. unit, told a friend of U.K. Prime Minister David Cameron at a party that she wasn’t sure if Andy Coulson could “survive” the scandal over phone hacking at News Corp.’s News of the World tabloid.
Rebekah Brooks, the former chief executive officer of News Corp.’s U.K. unit, had a “discreet” meeting with Andy Coulson days before he stepped down as prime minister David Cameron’s director of communications, prosecutors said.
Prince Alwaleed bin Talal, the Saudi royal who seems to own most everything there is to own -- a chunk of Rupert Murdoch’s News Corp, a piece of Twitter, all of Paris’s George V Hotel, the Savoy in London, and a Boeing 747 for his personal use -- was sitting in the lobby of the Four Seasons Hotel in Chicago the other evening (he and Bill Gates own most of Four Seasons Holdings), offering up the view -- the view of an experienced negotiator from the Middle East -- that U.S. President Barack Obama is outmatched by the Islamic Republic of Iran.