When Rupert Murdoch sat down with his board on Tuesday for the first time since a phone hacking scandal overseas plunged his company into turmoil, he was surrounded by a lot of familiar, friendly faces, the New York Times reports.
It wasn't all about eating humble pie, both figurative and real, for Rupert Murdoch. The head of News Corp also hit back saying investigative journalism had helped UK politics and the country should emulate Singapore's pay for top politicians.
Over the last month, many Americans watched from a distance in horror or amusement as it became evident that the News Corporation regarded Britain’s legal and political institutions as its own private club.
James Murdoch might have spared himself some embarrassment if he had paid the legal fees for an investigator accused in the phone hacking scandal, the New York Times reports.
James Murdoch, the under-fire chairman of BSkyB, was kept on with the unanimous support of the board, the chief financial officer of the cable television company told CNBC Friday.
The phone hacking crisis causing turmoil at News Corp subsidiary News International will not extend to rival Daily Mail & General Trust, according to the company's chief executive.
As part of a preliminary investigation into the growing News Corp. phone-hacking scandal, the U.S. Department of Justice is preparing subpoenas of the media company relating to its alleged hacking of voicemail of Sept. 11 victims and foreign bribery, according to the Wall Street Journal.
A UK Member of Parliament has written to the board of News Corp calling for Rupert and James Murdoch to be suspended over phone hacking at the company.
A legal battle over alleged computer hacking of a US marketing company by a News Corp subsidiary has been referred to US authorities by a senior lawmaker, the FT reports.
David Cameron told the British parliament of his regrets over hiring former News Corp employee Andy Coulson, who was arrested over phone-hacking allegations.
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.
A gallery of protesters and pie-throwers and the public figures they have tormented.
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.