UK lawmakers find huge failure of corporate governance at News Corp. CNBC's Kayla Tausche reports.
While the French presidential elections are drawing the attention of most in Europe, local elections in the UK, though unlikely to change the shape of Britain’s coalition government, could put pressure on its economic policy.
A committee of UK members of parliament is preparing a “damning” report on phone-hacking that will add to the pressure piled on News Corp’s Rupert and James Murdoch.
Ruper Murdoch's favoritism with his son, James Murdoch, has left employees and investors disenchanted.
"I'm guilty of not paying enough attention to the News of the World," says media mogul, Rupert Murdoch, giving testimony in front of a U.K. media ethics panel. CNBC's Kayla Tausche reports the latest details from London.
The News Corporation chief said Wednesday he wished to dispel some “myths,” a day after newly released e-mails pointed to ties between his media empire and the British culture minister.
This is a live blog of the Leveson Inquiry, which was set up by Prime Minister David Cameron following the phone-hacking scandal plaguing News Corp.
This is a live blog of the Leveson Inquiry in London, where James and Rupert Murdoch are appearing in front of the inquiry into media ethics in the UK, set up by Prime Minister David Cameron following the phone-hacking scandal plaguing News Corp.
James and Rupert Murdoch will be back in the eye of the storm this week as they appear in front of the Leveson Inquiry in the UK.
A British member of parliament who was part of an influential committee investigating phone-hacking by subsidiaries of News Corp has alleged in a new book that the company's New of the World newspaper investigated MPs on that committee in an attempt to gain details on their private lives.
Rupert Murdoch’s media empire is facing fresh attack as the UK lawyer responsible for many phone hacking lawsuits is preparing to launch more suits in the U.S.
Rupert Murdoch’s embattled media empire found itself facing fresh controversy on Wednesday, after an Australian newspaper published an investigative report alleging that News Corp. had engaged a special unit in the mid-1990s to sabotage its competitors, leading the Australian government to call for a criminal investigation into the claims.
CNBC's Catherine Boyle reports former News International CEO, Rebekah Brooks, was arrested again, along with her husband and six other people in connection with an alleged phone hacking scandal.
James Murdoch resigned from his post as Executive Chairman of News International, the UK publishing unit of News Corporation, the company announced in a statement on Wednesday.
CNBC's Kayla Tausche has the story on testimony that uncovered wide-ranging corruption at News Corp's Sun tabloid, and insight on whether the paper will stay in business, with Sarah Ellison, Vanity Fair contributing editor.
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.
Rupert Murdoch reaffirmed his commitment to his embattled U.K. newspapers by announcing in London Friday that he will launch a new Sunday edition of The Sun “very soon.”
Investigators looking into alleged corrupt practices at News Corp’s UK newspapers suspect that cash payments worth more than £100,000 were made to police officers and other public officials, one person familiar with the investigation said. The FT reports.
Is too late for Rupert Murdoch to reassure Sun employees he will not sell or close the newspaper, which is the most widely read in the UK, with Sarah Ellison, Vanity Fair, and CNBC's Kayla Tausche.
This weekend brought several arrests at the UK's Sun tabloid on suspicion of bribing public officials, with CNBC's Kayla Tausche.