21st Century Fox


  • Facebook Names Former YouTube Finance Chief as New CFO Wednesday, 25 Jul 2007 | 11:41 AM ET

    Gideon Yu, 36, became chief financial officer of video-sharing sensation YouTube in September of last year, shortly before the company was acquired by Google in a $1.65 billion deal.

  • Bancroft Dow Jones Decision Expected Next Week Wednesday, 25 Jul 2007 | 3:32 AM ET

    The family that controls Dow Jones expects to decide by early next week if it wants to sell the company to Rupert Murdoch's News Corp. for $5 billion, a source familiar with the matter said on Tuesday.

  • Bancrofts Meet to Discuss Murdoch Bid for Dow Jones Tuesday, 24 Jul 2007 | 1:11 AM ET

    Members of the Bancroft family, which controls Dow Jones, may decide by the end of the week whether to accept a $5 billion offer by Rupert Murdoch's News Corp. for the publisher of The Wall Street Journal.

  • Bancroft Expects Dow Jones Decision by Friday Monday, 23 Jul 2007 | 7:52 PM ET

    A senior member of the family that controls Dow Jones  said on Monday that he expects the family to decide by Friday whether to sell itself to Rupert Murdoch's News Corp. for $5 billion.

  • Mergers and acquisitions and a generous portion of quarterly earnings along with OPEC news is turning the stock market picture back to the plus side after Friday's selloff, though looming in the background are credit market concerns.

  • CNBC's Domm: Today's Agenda in the Markets Monday, 23 Jul 2007 | 8:47 AM ET

    A swirl of merger activity and blow-away earnings from Dow component Merck are positives for stocks ahead of the opening. European markets are mostly higher and Asia was mixed overnight.

  • Internet entrepreneur Brad Greenspan said Dow Jones could be worth $100 a share if it accepted his proposal to invest in the company instead of selling to Rupert Murdoch's News Corp.

  • Stocks closed sharply lower after earnings disappointments from Caterpillar and Google, as well as continuing concerns about the subprime mortgage market weighed on the major averages. "The market is getting ragged," said Phil Roth, chief technical market analyst at Miller Tabak.

  • Dow Jones director Dieter von Holtzbrinck is resigning from the board, saying he could not support the company's endorsement of a $5 billion takeover offer by Rupert Murdoch's News Corp.

  • Dow Jones Quarterly Profit Falls, Revenue Rises Thursday, 19 Jul 2007 | 8:12 AM ET
    The Wall Street Journal.

    Dow Jones & Co., which soon could be bought by News Corp. for $5 billion, said one-time charges lowered quarterly profit, while its digital business pushed up revenue despite lower ad sales at its flagship Wall Street Journal.

  • Dow Jones Director David Li to Face SEC Charges: WSJ Wednesday, 18 Jul 2007 | 11:38 PM ET

    The U.S. Securities and Exchange Commission plans to file civil charges against Dow Jones board member David Li over an insider trading probe linked to News Corp's bid for the media company, the Wall Street Journal reported on Wednesday.

  • The U.S. Securities and Exchange Commission plans to file civil charges against Dow Jones board member David Li over an insider trading probe linked to News Corp.'s bid for the media company, the Wall Street Journal reported on Wednesday.

  • Stocks Make Late-Session Rebound But Still Finish Lower Wednesday, 18 Jul 2007 | 4:06 PM ET

    Stocks rebounded in late trading but still finished lower as concern about fallout in the subprime industry put a temporary brake on the Dow's run to 14,000. "Subprime isn't good news, but despite this the market will still rally higher," said Jordan Kotick, global head of technical strategy at Barclays Capital.

  • Yahoo Investors Seek Quicker Answers from CEO Yang Wednesday, 18 Jul 2007 | 3:16 PM ET
    Exterior view of Yahoo Inc. headquarters in Sunnyvale, California.

    Yahoo chief executive Jerry Yang was found wanting on Wednesday by investors who said the company needed to devise a plan to combat weaker advertising growth more quickly than in the 100 days promised by management.

  • Dow Jones Board Endorses $5 Billion News Corp. Bid Wednesday, 18 Jul 2007 | 10:31 AM ET

    The board of Dow Jones has endorsed a $5 billion buyout offer from Rupert Murdoch's News Corp., sending the deal to the controlling Bancroft family for final approval. The 16 members of the board, which met for several hours Tuesday, were not unanimous in their decision, but a "strong majority" voted to recommend approving the deal, said one source familiar with the matter.

  • Morning Upgrades and Downgrades: Punk Cuts the Brokers Wednesday, 18 Jul 2007 | 8:59 AM ET

    The revelation that two of Bear Stearns' collateralized debt obligation funds are virtually worthless are casting a pall on the overall market this morning. The biggest factor with the subprime prime epidemic is the great unknown of exposure and containment.

  • Energy investor and financier Boone Pickens says natural gas is the biggest opportunity for his businesses in China now.

  • Harry Potter: Has New Book Really Leaked? Tuesday, 17 Jul 2007 | 10:47 PM ET

    While millions eagerly await this Friday's night release of the seventh and final Harry Potter book, photos of what appear to be the book's pages are circulating on the web. It's unclear if the leaked book is the real thing. But, I say that all this talk of leaking and piracy will NOT hurt the hallowed book's release.

  • Yahoo Profit and Sales Match Estimates; Shares Fall Tuesday, 17 Jul 2007 | 6:33 PM ET

    Yahoo on Tuesday posted second-quarter earnings of $0.11 per share -- in line with estimates -- and flat with earnings per share of of $0.11 in the same period a year ago. Revenue for the three months ended in June rose 8% to $1.244 billion, compared with $1.123 billion in the second quarter of last year.

  • The board of Dow Jones will meet at 7 pm Tuesday on the $5 billion takeover offer from Rupert Murdoch's News Corp., CNBC's David Faber reported. The price is expected to remain $60 a share, "not a penny more and not a penny less," Faber said.