Company: News Corporation Limited

As with past technological threats, network executives are closing ranks against a Dish Network device that undermines the broadcast business model. The New York Times reports.

A lawyer representing the bulk of claimants in the hacking case against News Corp.'s UK newspaper business said the UK company, News International, faces 46 more civil lawsuits in British courts, the Wall Street Journal reported on Friday.

British police said on Thursday they had arrested three people at addresses in Kent and Lancashire in their investigation into allegations of payments by journalists to police and public officials.

The London-based daily paper the Times, part of News Corp's UK-based News International, has been sued by detective Richard Horton, whom the paper had exposed as the author of an anonymous police blog by hacking into his email, Horton's lawyer told CNBC.com on Friday.

Stocks accelerated their losses in the final minutes of trading to close sharply in the red for the fourth-straight session Monday after last week's disappointing jobs report raised concerns over the strength of the economy. Stocks had modestly clawed back from their lows throughout the afternoon after tumbling heavily at the open.

Pressure is building in Britain and Australia for fresh probes into Rupert Murdoch's News Corp, already under siege over phone-hacking claims, after allegations that it ran a secret unit that promoted pirating of pay-TV rivals. 

The officer leading a police investigation said e-mail records showed editors and reporters at The Sun had paid hundreds of thousands of dollars for information,  The New York Times reports.

Stocks kicked off the week on a high note Monday, after Greece's parliament finally gave the green light over the weekend to austerity measures aimed at securing an international bailout package.

Rupert Murdoch is under pressure over his Sun tabloid after the arrests of several senior staff in a corruption probe, but whistleblowers inside his media empire may pose more of a threat than the public outrage that towards his business empire that he was forced to give up his closed its sister paper.

A June 2008 e-mail to James Murdoch discussed in frank terms the scale of phone hacking at News International, The New York Times reports.

British police threw Rupert Murdoch's scandal-hit News Corporation into fresh turmoil on Saturday by arresting five senior staff at the top-selling daily The Sun in a probe into journalists paying police for tip-offs.

Amazon.com is about to announce a Web video deal with Viacom in what sources said was one of the last steps in a plan to launch a standalone subscription service to compete with Netflix.

U.S. authorities are stepping up investigations, including an FBI criminal inquiry, into possible violations by employees of Rupert Murdoch's media empire of a U.S. law banning corrupt payments to foreign officials such as police, law enforcement and corporate sources said.

Univision and Walt Disney are in talks to create a 24-hour news channel for Latinos in English, two sources close to the negotiations said Monday.

Media baron Rupert Murdoch used his new Twitter account this weekend to attack the Obama Administration's opposition to parts of proposed legislation designed to combat Internet piracy.