Mark Thompson, the newly installed chief executive officer of New York Times Co., testified at an internal inquiry by the British Broadcasting Corp. into why it canceled a news report about alleged sexual abuse at the broadcaster, raising concerns of a cover-up.
The British Broadcasting Corp., the 90-year-old media organization that runs U.K.’s most-watched TV channels, was urged by the head of its supervisory body to embark on a “radical overhaul” after errors surrounding a sexual-abuse investigation forced its director general to quit.
British Broadcasting Corp. Director General George Entwistle quit his post last night, less than two months after being appointed and fewer than two weeks after a BBC television report falsely implicated a former senior politician with sexual abuse of a child.
New York Times Co. has been working to fix about 200 glitches in the technology for charging online readers of its namesake newspaper, just weeks before the project is scheduled to debut, said a person familiar with the matter.
New York Times Co. shares rose to an almost four-month high today amid speculation Carlos Slim, the Mexican billionaire who already owns about 7 percent of the newspaper publisher, increased his stake.