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An influential committee of British lawmakers has condemned News International's actions on phone hacking and accused News Corp's British newspaper wing of trying to "deliberately thwart" the police investigation into the initial allegations.
Dramatic testimony as News Corp CEO Rupert Murdoch and heir apparent James Murdoch were girlled for 2.5 hours in front of Parliament, with CNBC's Kayla Tausche. Ken Chandler, Newsmax Magazine, and Sarah Ellison, "War at the Wall Street Journal," weigh in.
During his testimony before the British Parliament ran attempt was made to hit Rupert Murdoch, with a pie. So, which other public figures have been hit by pies?
Will the foam pie incident change everything?
Discussing whether News Corp could be liable under the Corrupt Foreign Practices Act in the United States, with CNBC's David Faber, Carl Quintanilla & Melissa Lee.
A man throws a plate with foam on Rupert Murdoch's face, during the hearing in Parliament. CNBC's Kayla Tausche and market insiders weigh in.
Rupert Murdoch, his son James and Rebekah Brooks, the former News of the World editor who used to run their British newspaper empire News International, face grilling by a committee of MPs later on Tuesday.
"This is the most humble day of my life," says Rupert Murdoch, News Corp chairman/CEO, as he and his son, James Murdoch, News Corp deputy COO face questions from Parliament.
The whistleblower who alleged widespread hacking at News Corp's News of the World has been found dead. Police said his death was not considered to be suspicious.
“Bury your mistakes,” Rupert Murdoch is fond of saying. But some mistakes don’t stay buried, no matter how much money you throw at them, the New York Times reports.
News Corp is facing heightened legal risks in its home US market over the phone hacking and police bribery scandal after the arrest of Rebekah Brooks, the former News International chief executive, but legal analysts believe US authorities are unlikely to take rapid action against the company. The FT reports.
At best, former Scotland Yard senior officers acknowledged in interviews, the police have been lazy, incompetent and too cozy with the people they should have regarded as suspects. The New York Times reports.
Michael Corty, Moringstar, says it is not too much of a surprise Les Hinton resigned from News Corp.
CNBC's Amanda Drury has details on the sudden resignation of the Dow Jones CEO.
CNBC's Tyler Mathisen has the details of another top News Corp executive exiting the company on the heels of the hacking scandal.
CNBC's Kayla Tausche reports News Corp is still in apologizing mode even after News International CEO Rebekah Brooks leaves the company.
Rupert Murdoch and News International will this weekend make a full ‘mea culpa’ to the British public for the phone hacking scandal through a series of full-page advertisements headed: “We are sorry," the FT reports.
With revelations that some within News International’s ranks were not only dirty but criminal, Les Hinton is coming under scrutiny for what he did and did not know when he ran the company from 1995 until 2007, the period when the most egregious known examples of voice mail hacking by News International employees took place, the New York Times reports.
Intimidated children rounding on the playground bully – that is the spectacle in the UK since the News of the World phone-hacking scandal exploded. As one who has long believed that the influence of Rupert Murdoch on UK public life was quite intolerable, I am delighted to see this reversal of fortune.
CNBC's Kayla Tausche reports Murdoch's empire may be one step closer to an FBI investigation.