Hacking scandal sends News shares on $8.6 billion slide
News Corp's loss of $7b in market value over four trading days shows investor concerns that the phone hacking probe could have a broader impact on the company.
News Corp's loss of $7b in market value over four trading days shows investor concerns that the phone hacking probe could have a broader impact on the company.
Fear that the debt crisis in Europe is spreading has sent investors running for the exits, hammering both global equities and the euro.
Frank McCourt bought the LA team without spending any of his money and now the side are left in the lurch.
Rupert Murdoch's News Corp has offered to give guarantees on the editorial future of the Sky News channel in an effort to head off a Competition Commission inquiry.
News Corporation has reported 105,000 online sales of The Times and The Sunday Times - the first official figures sincce putting its online news content behind a paywall.
He pioneered virtual reality and is a leading light in digital culture. So why does Jaron Lanier believe that the internet is killing creativity?
In 2005, Rupert Murdoch's News Corp spent US$580m on MySpace. Four years later he hired AOL's Jonathan Miller to rescue it. He fired founder Chris De Wolfe and hired Owen Van Natta from Facebook. Ten months later, he's out too.