Should Murdoch’s News Corp. become a political piggy bank?
Rupert Murdoch’s News Corp., owner of Fox News, the New York Post, The Wall Street Journal and other papers, has donated $1 million to the Republican Governors Association, becoming one of the largest...
View ArticleIs MySpace, like, so over?
News Corp. this week announced impending layoffs for nearly half of the global staff at MySpace.com, the social networking site it bought in 2005 for $580 million. MySpace has been steadily losing...
View ArticleCan pop star Justin Timberlake save MySpace?
Last week, Specific Media agreed to purchase social networking site MySpace.com for $35 million. Although the site was once white-hot, users have been fleeing to MySpace’s main competitor, Facebook,...
View ArticleDid News Corp. overreact by closing News of the World?
News Corp. Chairman Rupert Murdoch and his son, James, the CEO of News International, announced Thursday that the company will shutter the 168-year-old News of the World tabloid after Sunday’s edition....
View ArticleWill the Murdochs survive the phone-hacking scandal?
Rupert Murdoch has been called to testify before parliament as his media empire’s phone-hacking and bribery scandal spirals out of control. Thousands of people, from British royalty and Scotland Yard...
View ArticleShould News Corp. investors oust the Murdochs?
Proxy advisory firm Institutional Shareholder Services said this week that News Corp. investors should vote against the re-election of 13 out of 15 board members—including CEO Rupert Murdoch and his...
View ArticleWill James Murdoch ever run News Corp.?
James Murdoch, Rupert Murdoch’s youngest son, who was once seen as his likely successor, on Wednesday stepped down from News International amid a continuing phone-hacking scandal. The elder Murdoch...
View ArticleShould News Corp. split into two companies?
As the investigation into phone hacking by its U.K. newspapers continues, Rupert Murdoch’s News Corp. said it is considering dividing itself into two publicly traded companies—one for publishing and...
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