The Scandal at News Corp.
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
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Updated 11 minutes ago
News Corp. was sued by a former union boss over claims tabloids hacked into his phone messages, adding to the company’s legal troubles as it seeks to avoid the first civil trial over the scandal.
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Fairfax Media Ltd., Australia’s largest newspaper publisher after News Corp., doubled its cost cutting target to A$170 million ($181 million) after first-half profit fell 44 percent.
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Mattel Inc. has won dismissal of an antitrust lawsuit by MGA Entertainment Inc., the toymaker that sought $1 billion in damages alleging Mattel violated antitrust laws in a dispute over Bratz dolls.
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Former U.K. Prime Minister Tony Blair’s wife Cherie sued News Corp. and a former private investigator for its now-defunct News of the World tabloid for hacking into her phone.
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Lachlan Murdoch, the oldest son of News Corp.’s Chief Executive Officer Rupert Murdoch, left London before this weekend’s release of a Sunday version of the Sun tabloid, a spokeswoman said today.
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Bloomberg's Betty Liu reports on News Corp. chief executive officer Rupert Murdoch showing his support for GOP presidential candidate Rick Santorum in a Tweet. She speaks on Bloomberg Television's "In The Loop." (Source: Bloomberg)
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Rupert Murdoch’s News Corp. will begin a Sunday edition of British tabloid the Sun this weekend, seven months after shutting another Sunday newspaper rocked by a phone-hacking scandal.
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“Safe House,” from Comcast Corp.’s Universal Pictures, jumped to the top spot in the movie rankings this past weekend, taking in $24 million in ticket sales in U.S. and Canadian theaters.
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Rupert Murdoch has taken seven months to recover from the “most humble day” of his life at the peak of a phone-hacking scandal in the U.K. to announce a new tabloid in a trademark defiant move by the 80-year-old.
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News Corp. Chief Executive Officer Rupert Murdoch will start a Sunday version of the British Sun tabloid to replace the News of the World newspaper that was closed last year following a phone-hacking scandal.
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