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News Corp.'s Huge Phone Hacking Bill
Rupert Murdoch's News Corp. said Wednesday that net income grew by nearly two-thirds in the final quarter of 2011, despite expenses related to ongoing phone hacking investigations of its U.K. newspaper unit.
News Of The World Phone Hacking Cost Rupert Murdoch's News Corporation £55m In Just Three Months
Rupert Murdoch's News Corporation spent £55m in just three months on investigations surrounding the closure of the News of the World.
FBI Investigating News Corp.
The FBI is investigating whether or not News Corp. violated a law barring American companies from making corrupt payments to foreign officials, Reuters reports .
Dow Jones Gets A New CEO
News Corp. said Thursday that Lex Fenwick, a Bloomberg LP executive, is the new CEO of Dow Jones & Co., the News Corp. subsidiary that publishes The Wall Street Journal and Dow Jones Newswires.
Rupert Murdoch's Staff Arrested As Tabloid Scandal Spreads To Second Newspaper
British police searched the offices of Rupert Murdoch's British newspapers Saturday after arresting a police officer and four current and former staff of his tabloid The Sun as part of an investigation into police bribery by journalists.
news corp News From the Web
- 02/09/12 News Corp. Settles More Phone-Hacking Suits, Delays... Source: SFGate.com - San Francisco CA News Corp.'s British newspaper unit settled at least 15 more lawsuits by victims of illegal voice- mail interceptions at its News of the World tabloid and delayed the first civil trial in the scandal by two weeks.
- 02/09/12 BRIEF: News Corp profit rises 65 per cent ⦠Source: TMCnet Rupert Murdoch's News Corporation earned 1.06 billion dollars in its fiscal second quarter, a 65-per-cent jump from a year earlier, which was credited to successful TV shows and movies.
- 02/09/12 RPT-BRIEF-Sky Deutschland in 10 pct capital hike as... Source: Reuters Sky Deutschland AG : Says shareholders' subscription rights have been excluded.
- 02/09/12 The Thursday Morning News Source: The Stranger - Seattle WA In a last minute effort to stave off default, Greek government leaders have agreed to impose new austerity measures as part of a deal to secure another $172 billion in bailout money, and as much as a 70 percent write-off of its private debt.
- 02/09/12 UPDATE 2-Thomson Reuters posts loss, $3 bln goodwill... Source: Reuters Thomson Reuters Corp reported a fourth-quarter loss on Thursday after taking a $3 billion non-cash goodwill impairment charge to account for the decline in its financial services business.
Background on news corp
News Corporation (, , , [http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=NWS NWSLV]) or News Corp.
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