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All Posts Tagged Tag: ‘News Corp’

News Corp. Acquires Financial Site BigDecisions

News Corp. announced that it Indian financial site BigDecisions.com. It’s described as a web startup that helps consumers make financial decisions. More specifically, BigDecisions aims to help Indian consumers make smarter financial decisions using data and algorithm-based tools. “Our latest investment builds on our abiding belief that a digital India needs more trusted, reliable and independent data,” said Robert Thomson, …

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News Corp Is Acquiring Move In $950 Million Deal

Rupert Murdoch’s News Corp announced it is acquiring real estate website Move for $950 million to facilitate the home rentals and sales in the U.S. REA Group Limited, which is over 60% owned by News Corp, plans to hold a 20% stake in Move. News Corp itself will hold 80%. REA operates RealEstate.com.au in Australia. Move operates realtor.com, which displays …

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Google Responds To Criticism From News Corp

Rupert Murdoch’s News Corp sent an open letter to the European Commission last week to complain about Google (something Murdoch has been doing openly for years). On Thursday, Google took to its Europe blog to address the complaints, and respond to individual statements made by News Corp. It starts off saying how important free expression and high quality content are, …

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Rebekah Brooks Phone Hacking Case Ends In “Not Guilty” Verdict

Rebekah Brooks, former head of News Corp U.K.’s publishing unit, who was charged with hacking into a dead teen’s phone, has been acquitted of charges. The scandal has been longed lived, but now the trails are coming to a close, and Brooks, herself, might breath a sigh of relief. Two years ago, Brooks was charged with hacking into the phone …

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News Corp. Pays $25 Million For Social News Verification Agency Storyful

News Corp. announced today that it has acquired social news agency Storyful for $25 million as a move to accelerate its “digital transformation” and video strategy. Storyful is known for verifying news from social media, or in other words pulling out the real stuff from a sea of noise and hoaxes. News Corp. says it will use its own resources …

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Rupert Murdoch: Questioning by UK Parliament on Hold

Rupert Murdoch’s return to the Media Select Committee of the UK parliament’s House of Commons has been postponed in light of anticipated phone-hacking trials related to Murdoch’s news companies. Murdoch is being called back to the Committee to be questioned again about secretly recorded comments he made about bribes involving British newspapers. The postponement was advised by the News Corp …

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Wendi Deng, Rupert Murdoch to Divorce

Australian news mogul Rupert Murdoch has filed for divorce from his wife of nearly 14 years. Murdoch’s net worth is currently estimated to be around $12 billion, placing him just in Forbes’ top 100 richest people in the world. According to The Guardian, Murdoch’s divorce filing stated that his marriage to 44-year-old Wendi Deng Murdoch has “broken down irretrievably. The …

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Here’s What The Daily Is Telling Its Subscribers

As previously reported News Corp. is shutting down The Daily, its experimental news app, as a standalone publication. As part of a restructuring of its businesses, parts of The Daily (including some staff) will be rolled into The New York Post. On its Tumblr, The Daily shared the message it is showing to the subscribers of its iPad app: Dear …

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The Daily Is Already Being Shut Down

As part of a separation of its businesses, Rupert Murdoch’s News Corp. announced today that it will cease standalone publication of The Daily, its made-for-tablets news publication, which was supposed to save the newspaper industry by example. News Corp. says it will fold technology, some staff, and “other assets” from The Daily into The New York Post. Founding Editor-in-Chief of …

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News Corp. Publications To Unblock Search Engines

Back in 2009, news came out that News Corp. would block search engines from some of its content, such as that from The Times and The Sunday Times. Now, it seems News Corp. has had a change of heart. Kind of. According to The Telegraph, content from these publications will begin appearing in Google results next month. However, it won’t …

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Rebekah Brooks Charged in UK Phone Hacking Scandal

Rebekah Brooks, the former chief executive of News International and the ex-editor for News of the World, will be brought up on charges in the phone-hacking case, along with seven other individuals. If she’s found guilty of the crimes, which including conspiring to intercept communications without lawful authority, Brooks could face up to two years in prison. Altogether, the group …

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News Corp. Splits Publishing and Entertainment Businesses

Just two days ago, we reported News Corp., and chairman Rupert Murdoch were contemplating the idea of splitting their news and film assets from their print publication and newspaper divisions. News Corp owns 20th Century Fox film studio, Fox broadcast network and Fox News channel, in the way of television and film. As far as newspaper and print media goes, …

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