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…