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News Corporation's Rebekah Brooks Resigns Amid Tabloid Scandal
Friday, July 15, 2011 - 6:37am | 317Read More...Scandal-plagued Rebekah Brooks resigned as chief of News Corporation's (NASDAQ: NWSA) British newspaper unit Friday, succumbing to mounting pressure amid allegations that she knowingly allowed the hacking of various voicemail accounts during her Editorship. The announcement is only the latest in a...
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Rupert and James Murdoch Will Appear Before UK Parliment to Discuss Phone Hacking Scandal
Thursday, July 14, 2011 - 11:54amRead More... -
News Corporation in Hot Water over Hacking of Murdered Teen's Phone
Wednesday, July 6, 2011 - 8:02am | 456Read More...Rupert Murdoch's News Corporation (Nasdaq: NWS) (Nasdaq: NWSA) is at the center of a scandal that has engulfed the United Kingdom and threatens to derail the company's attempt to acquire British Sky Broadcasting Group, also known as BSkyB. News Corporation is under fire because of allegations that...
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Trading The Death Of MySpace (NWSA)
Thursday, January 13, 2011 - 11:02am | 369Read More...As we all know by now, MySpace is not long for this world, as News Corp.'s (NASDAQ: NWSA) $580 million investment has turned out to be one of the worst uses of money ever. I think giving my dog $100 and watching him rip it up would've been a better use of money. Facebook has already won the war on...
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News Corp Board Challenged to Disclose Political Spending (NWSA)
Wednesday, October 13, 2010 - 11:36am | 188Read More...The Nathan Cummings Foundation called on the News Corporation (Nasdaq: NWSA) Board of Directors to fully disclose the Company's political spending to shareholders at the News Corp. shareholder meeting in New York City this Friday, October 15th. The Foundation's request came on the heels of media...
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FOX Threatening World Series, NFL Blackout for Viewers Across Nation (NWSA)
Monday, October 11, 2010 - 1:03pm | 291Read More...The Sports Fans Coalition today urged News Corporation's Fox to lift its current blackouts of regional sports networks across the nation and back off its threat to extend the blackout to Fox broadcast stations, depriving viewers of the NFL and World Series. "Fox has blindsided sports fans this...
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Rupert Murdoch Feels iPad Is A Game Changer For News Media
Thursday, August 5, 2010 - 2:35pm | 187Read More...According to an article on Guardian.uk, Media Mogul and CEO of News Corp (NYSE: NWS), Rupert Murdoch, praised Apple's (NASDAQ: AAPL) iPad in a conference call with Wall Street analysts and described the device as a "game changer" for news media. Murdoch forecast that eventually "hundreds and...
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Google Tries To Placate Murdoch (GOOG)
Thursday, May 20, 2010 - 12:43pm | 161Read More...Google Inc. (NASDAQ: GOOG) is looking to thaw its relationship with newspaper companies. Google (GOOG) chief executive officer Eric Schmidt said that the company is in talks with Rupert Murdoch and other newspaper proprietors. According to CNBC, Murdoch has criticized Google for undermining...
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Cameroon’s Midas Touch Obtains A $1 Billon Plus Manna For Murdoch (NWS, IMAX)
Monday, January 4, 2010 - 10:02am | 172Read More...James Cameroon, director of Hollywood’s latest blockbuster, once claimed to be the ‘King of the world’. Rupert Murdoch, a man with arguably equivalent credentials for the same title, may wholeheartedly agree with him. Cameroon’s latest offering, Avatar, ironically a movie that condemns human...
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Labor Unrest, Mega Mergers And Tax Cuts Predicted In 2010 (NWS, BT, VOD)
Tuesday, December 22, 2009 - 10:32am | 191Read More...According to Mathew Lynn, a Bloomberg columnist, the coming year could throw some intriguing surprises. Lynn predicts a mega merger between British telecom giants BT Group (NYSE: BT) and Vodafone (NASDAQ: VOD). Both face rapid technological changes and earnings pressure. A merger may help them...
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News Corp (NWSA) Plans War Against Google (GOOG)
Tuesday, November 24, 2009 - 8:06am | 205Read More...Rupert Murdoch’s News Corporation (NASDAQ: NWSA) has planned an all out war against Google Inc. (NASDAQ: GOOG) by proposing to black out its news from Google’s search engine. The main issue here is that Google gets revenue from displaying ads next to news items of News Corp, which it does not...
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Rupert Murdoch Wants To Opt Out NWS From Google (GOOG) Index
Tuesday, November 10, 2009 - 7:03pm | 104Read More...The News Corp. (NYSE: NWS) CEO Rupert Murdoch said in Sydney that his sites will remove themselves from Google (NASDAQ: GOOG). By doing this he will start charging users for reading material on the sites. Mr. Murdoch explained that it costs a lot of money to provide a quality material and mentioned...
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MySpace and Google (GOOG) Deal May Be At Risk
Thursday, November 5, 2009 - 10:45am | 124Read More...MySpace’s $900 million Google (NASDAQ: GOOG) deal seems to be at risk, due to weaker website traffic. $100 million is expected to be taken out from the deal with News Corp (NASDAQ: NWSA), who own Myspace. News Corp also announced a 11 percent rise in its net profits and also expects double digit...
