News Corp

Rupert Murdoch joins Twitter, posts controversial tweet

Media mogul Rupert Murdoch’s unexpected appearance on the micro-blogging site has been nothing short of controversy.

Plush severance for ex-editor of News of the World -- report

Rupert Murdoch's News Corp. paid former News of the World editor Rebekah Brooks $2.7 million in an impressive severance package after she resigned from the post of News International's chief executive, the Observer reports.

Murdoch has no plans to quit

Media Mogul Rupert Murdoch has denied rumors that a change in leadership at the News Corp is imminent. Mr. Murdoch is the Chairman and Chief Executive of News Corp which was forced to close its tabloid in Britain after it was embroiled in the phone hacking scandal.

Pressure mounting on News Corp in Dowler murder case

Ford Motors’ U.K division has pulled advertising from the News of the World Tuesday following allegations that top selling newspaper from News Corp allegedly supported the phone-hacking of a 13-year-old kidnapped girl Milly Dowler.

MySpace to cut employee strength by 47%

Social networking site MySpace announced Tuesday that it is going to reduce its workforce by nearly 50 percent as part of restructuring efforts of the site.

News Corp reports better than expected 3rd Qtr results

Riding high on the resounding success of “Avatar,” News Corporation (NASDAQ: NWSA) announced last quarter results that beat Wall Street expectations.

News Corp's Q1 results beat expectations

New York, November 5 -- Beating analysts expectation, News Corp, the global media conglomerate owned by Rupert Murdoch, has reported 11 percent increase in profits for the first quarter.

Murdoch: More newspapers to charge online

New Tork-- News Corp. Chairman Robert Murdoch said 360,000 people downloaded applications in three weeks to view The Wall Street Journal on iPhones.

In a conference call, Murdoch said the current system of Internet access was "malfunctioning" and likely to change to a fee-based system within a year, CNN reported Thursday.

"We are now in the midst of an epochal debate over the value of content and it is clear to many newspapers that the current model is malfunctioning," he said.

Access to The Wall Street Journal online would soon move to a paid system.

Customers would pay "handsomely" for accessing the Web site, he said.