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LONDON— Prime Minister David Cameron's former communications chief said under oath Tuesday that he was never involved in phone hacking when he was the editor of a Rupert Murdoch- owned tabloid, though he acknowledged he hadn't known at the time that the practice was illegal.
LONDON— Former News of the World editor Andy Coulson took the stand at Britain's phone hacking trial Monday, saying his affair with fellow executive Rebekah Brooks was wrong but didn't lead him to share work secrets with her.
April 10- Media mogul Rupert Murdoch can envision his tabloid newspaper the New York Post as an all-digital publication in 10 years, he said during an interview with Fortune magazine published on Thursday. Murdoch, the chairman of News Corp and 21st Century Fox, acknowledged that the paper lost $40 million in 2012, hit by declines in advertising revenue.
LONDON, April 9- Vice Media, the New York- based group whose edgy reportage has proved a hit with young people, plans to sell more content to mainstream TV groups after signing such a deal with "American Idol" producer Fremantle Media, it said on Wednesday.
*Shares open at $17.50, above IPO price of $15. *Rupert Murdoch's News Corp to hold 13.7 pct in company. Rubicon Project's shares opened at $17.50 and touched a high of $19.45 on the New York Stock Exchange on Wednesday.
*Nat Rothschild's Twitter insult becomes a global story. LONDON, April 2- When Nat Rothschild, the co-founder of troubled miner ARMS, insulted his former investment partner on Twitter last week, he showed the power of social media for business leaders seeking publicity- but also the perils of saying the wrong thing.
NEW YORK, April 1- News Corp, its Chairman Rupert Murdoch and other top officials have won the dismissal of a U.S. lawsuit accusing them of defrauding shareholders by concealing widespread, illegal phone hacking at two of its British newspapers.
NEW YORK, April 1- News Corp and several top officials have won the dismissal of a U.S. lawsuit by shareholders who accused them of fraud for concealing illegal phone hacking at two of its British newspapers, according to a court decision made public on Tuesday.
Nearly a decade after walking away from the News Corp inner circle in New York to set up his own investment company and settle in Sydney with his young family, it appears Lachlan has accepted the mantle of successor, whether alone or jointly with younger brother James.
LONDON, March 26- Rupert Murdoch has brought eldest son Lachlan back into the leadership of his media empire and promoted younger son James, setting them up to succeed him when the 83- year-old tycoon finally steps down.
March 26- Rupert Murdoch has elevated son Lachlan to the top of his multi-billion dollar family media empire after a seven-year break, appointing him non-executive co-chairman of both News Corp and 21st Century Fox Inc..
March 26- Media and entertainment company Twenty-First Century Fox Inc said its board has appointed Lachlan Murdoch non-executive co-chairman and elevated James Murdoch to the position of co-chief operating officer.
Disney and the TV industry are divided over the value of YouTube. It may be worth a great deal to DreamWorks Animation.
*Bank of England to create new deputy governor's job. LONDON, March 17- Governor Mark Carney's first big shake-up of the Bank of England could set off changes on its interest rate-setting committee, with markets chief Paul Fisher at risk of losing out.
NEW YORK, March 5- Business Insider raised $12 million in another round of capital from investors including Amazon's Jeff Bezos, Institutional Venture Partners, RRE Ventures and former Wall Street Journal publisher Gordon Crovitz, according to a Wednesday post by its founder Henry Blodget.
NEW YORK, Feb 23- BuzzFeed has come a long way from cat lists. This month one of its journalists was on the ground in Kiev reporting on the crisis in Ukraine, and last December it published an in-depth article on a Chinese dissident living in Harlem, New York.
Rupert Murdoch has purchased the top 4 floors of One Madison Avenue for more than $57 million and plans to turn the space into a residence. CNBC's Carl Quintanilla reports.
Rebekah Brooks denied having a six-year affair with fellow editor Andy Coulson but said they did have periods of physical intimacy.
The jury trying Rebekah Brooks over phone-hacking charges should not hold her role as a former Rupert Murdoch editor against her, her lawyer said.
Determining who belongs on CNBC's list of business influencers has led to spirited debates. How about John Malone and Rupert Murdoch?