As previously reported, Yahoo is said to be having meetings this week about the possibility of selling off its core business and/or getting more out of its stake in Alibaba Group Holding. The Wall Street Journal reported late on Tuesday…
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…
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…
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…
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,…
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…
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…
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…
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…
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…
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…
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…
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…
News Corp. and Rupert Murdoch Consider a Spin Off
Despite previous reservations by News Corp. Chairman Rupert Murdoch, the company is contemplating a split of their news and film assets from their print publication and newspaper divisions. Currently News Corp owns 20th Century Fox film studio, Fox broadcast network…
Microsoft Puts Web TV Plans On Hold
You might have to wait a bit longer for that Microsoft Web TV program, but at least there’s still Netflix. Reuters is reporting that inside sources have told them that Microsoft has put their long talked about Web TV program…
The Daily Comes To Android, Starting With Samsung Galaxy Tab
The Daily, the News Corp. publication originally launched as an experimental news app for the iPad, is now moving beyond the iPad and into Android territory. The publication announced that it will come pre-loaded on the Android-powered Samsung Galaxy Tab…
News of the World Closes Amid Phone Hacking Scandal
It has been announced that this coming Sunday, July 10th, will be the final issue of News of the World, the popular 168 year-old British tabloid. News of the matter was made worse when The Guardian published a story indicated…
Hulu Owners Committed To Selling
It’s no secret that Hulu owners are eager to sale the popular TV and movie streaming service. Sadly, they’re main focus is getting the top dollar amount, not who will be purchasing the service. The future of Hulu is at…