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Rupert Murdoch

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  • LONDON— An expensive and wide-ranging British investigation into alleged bribery by reporters crumbled Friday, after a jury acquitted four tabloid journalists of paying prison officers for information. Jurors at London's Central Criminal Court found Tom Wells, Neil Millard and Brandon Malinsky from the Rupert Murdoch-owned Sun and Graham Brough of the...

  • NEW YORK, April 10- News Corp and 21st Century Fox, controlled by Rupert Murdoch, are in talks to build a joint headquarters in a new 88- story skyscraper at the World Trade Center in lower Manhattan, The New York Times said on Friday. "21st Century Fox and News Corp are each exploring options for their New York headquarters and the process is ongoing," a spokesman for...

  • LONDON, April 7- French media conglomerate Vivendi is looking at a possible acquisition of pay-TV group Sky, as one of several options to expand the reach of its own TV group Canal Plus, three sources familiar with the matter said. Vivendi has turned its attention to Sky after reviewing smaller pay-TV targets in Turkey and other fast-growing markets in Europe, one...

  • March 30- U.S. cable T.V. operator Cablevision Systems Corp is planning to make an offer for the New York Daily News as early as this week, valuing the troubled tabloid at just $1, according to a person familiar with the matter. Cablevision's $1 bid takes into account the New York Daily News' reported $30 million annual loss and $150 million investment in a printing...

  • Is Twitter big enough to be in venture capital? Tuesday, 24 Mar 2015 | 1:39 PM ET

    Twitter is trying to crack into venture capital despite having a fraction of the cash position of corporate tech VCs Google, Intel and Qualcomm.

  • SAN FRANCISCO, March 20- Kleiner Perkins Caufield& Byers partner and Silicon Valley socialite Juliet de Baubigny took the stand Friday in a gender discrimination case against the venture firm and said she never referred to a male partner in the suit as a "sex addict." The lawsuit, which Pao filed in 2012, has helped spark a broad, ongoing discussion about sexism in...

  • SAN FRANCISCO, March 20- Kleiner Perkins Caufield& Byers partner and Silicon Valley socialite Juliet de Baubigny took the stand Friday in a gender discrimination case against the venture firm and said she never referred to a male partner mentioned in the suit as a "sex addict." The lawsuit, which Pao filed in 2012, has helped spark a broad and ongoing discussion...

  • LONDON, March 13- British left-wing leader Ed Miliband hoped to win more votes by inviting a TV crew into his home. "Exposed: Eddie Two Kitchens," said a headline in the right-leaning Sun newspaper, owned by Rupert Murdoch, on Friday. The existence of Miliband's second kitchen only came to light after the Labor leader- whose personal popularity trails that of Prime...

  • New York Daily News may be put up for sale - memo Thursday, 26 Feb 2015 | 2:32 PM ET

    Feb 26- New York media and real estate magnate Mortimer Zuckerman is considering selling the New York Daily News, according to a memo obtained by Reuters. But I believe the immense hard work in turning the business around in an extremely challenging period for the industry, has put the Daily News in as strong a position than it has ever been, particularly online, "he...

  • 'Birdman' leap makes Fox Searchlight shine at Oscars Monday, 23 Feb 2015 | 2:02 AM ET

    LOS ANGELES, Feb 22- Fox Searchlight, the arthouse film division of Rupert Murdoch's 21st Century Fox, dominated the Academy Awards on Sunday with eight awards including the coveted best picture prize for its absurd comedy-drama "Birdman." The studio also scored with offbeat winner " The Grand Budapest Hotel," which took home four trophies in technical categories.

  • Feb 23- Rupert Murdoch's Twenty-First Century Fox Inc held preliminary takeover talks with Discovery Communications Inc with a view to creating a $100 billion entertainment giant, the Australian Financial Review reported on Monday. Fox, which like other broadcasters is battling a shift to on-demand TV, denied there had been any talks with Discovery, which...

  • Feb 23- Rupert Murdoch's Twenty-First Century Fox Inc has held preliminary takeover talks with Discovery Communications Inc with a view to creating a $100 billion entertainment giant, the Australian Financial Review reported on Monday. Senior executives from both companies met about two weeks ago to discuss a potential takeover bid, the newspaper...

  • Buffett's Berkshire builds Deere stake, dumps Exxon Wednesday, 18 Feb 2015 | 7:19 AM ET
    A John Deere 8600 tractor is displayed on opening day of the World Ag Expo on February 10, 2015 in Tulare, Calif.

    Warren Buffett's Berkshire Hathaway disclosed a 5 percent stake in Deere & Co. and said it shed a $3.74 billion investment in Exxon Mobil.

  • NEW YORK, Feb 17- Warren Buffett's Berkshire Hathaway Inc on Tuesday disclosed a 5 percent stake in agricultural equipment maker Deere& Co and said it shed a $3.74 billion investment in oil company Exxon Mobil Corp as oil prices plunged. The changes were among several that Berkshire made in its common stock investments in the fourth quarter, according to a U.S....

  • Feb 11- Time Warner Inc reported a better-than-expected quarterly profit, helped by higher subscription fees for channels offered by its Turner Broadcasting and Home Box Office businesses. However a 4.5 percent decline in revenue in its Warner Bros movie studio business pulled Time Warner's total revenue down 1 percent to $7.53 billion.

  • NEW YORK, Feb 6- Several top investors in Twenty-First Century Fox Inc are pressing for the right to swap their voting shares for ordinary shares, which are trading at an unusual premium, even though the move could hand even more control of the company to Rupert Murdoch, according to people familiar with the matter. Several Fox investors, which collectively own 8...

  • Feb 5- News Corp, owner of the Wall Street Journal and HarperCollins, reported quarterly revenue and a profit just above analysts' consensus forecast as its book publishing and real estate businesses offset dwindling print revenue. News Corp's revenue is largely dependent on its newspaper holdings in the United States, Australia and Great Britain.

  • UPDATE 1-News Corp posts revenue above estimates Thursday, 5 Feb 2015 | 5:18 PM ET

    Feb 5- Rupert Murdoch's News Corp, which publishes the New York Post, reported quarterly revenue and a profit above average analyst estimate as its burgeoning book publishing and real estate businesses offset dwindling print revenue. News Corp and Twenty-First Century Fox Inc were part of the same company until they were spun off into separate listed...

  • News Corp posts 1.9 pct rise in revenue Thursday, 5 Feb 2015 | 4:11 PM ET

    Feb 5- News Corp, which publishes the New York Post, reported a 1.9 percent rise in quarterly revenue, helped by its book publishing and real estate businesses. Net income available to shareholders fell to $142 million, or 24 cents per share, for the second quarter ended Dec. 31, from $150 million, or 26 cents per share, a year earlier. Revenue at the publisher, helmed by...

  • Feb 4- Twenty-First Century Fox Inc cut its profit forecast for the next financial year after the dollar strengthened and as more viewers and advertisers swap its broadcast networks for on-demand TV. Fox expects a profit in "the mid $7 billion range" for the financial year ending June 2016, Chief Operating Officer Chase Carey said after the company reported...