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"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.
The true cost of the phone hacking scandal surging through Rupert Murdoch's British media empire has not yet emerged, with new developments still emerging every hour, and the Australian-born tycoon's reputation in question from New York to Sydney.
Rupert Murdoch, fighting to bring under control a crisis that has cost him a $12 billion deal, is unlikely to rush into the sale of the newspaper business at the heart of the hacking uproar in Britain.
“Where does it end?” That was the question at the heart of my conversation with Chris Kelly, former Chief Privacy Officer at Facebook, this morning on “Worldwide Exchange.” After the recent News Corp phone hacking scandal, he talked about where the alleged abuse stops, as the company is forced to amputate a few arms of its media empire.
British Prime Minister David Cameron says he will look into whether 9/11 victims were targeted in the phone hacking scandal.
Speculation has been building about who might want to buy the other newspapers owned by Rupert Murdoch's News Corp in the UK, after the News of the World closure.
CNBC's Kaya Tausche and Ross Westgate with the latest details on the fallout from News Corp's hacking scandal, and discussing its impact on the pending BSkyB deal and shareholders, with Jason Subotky, Yacktman Mutual Funds.
Rupert Murdoch's growing phone-hacking scandal continues to be the media story of the moment.