Murdoch splits empire into two firms
Rupert Murdoch split his corporate empire into two parts on Friday under a long-promised plan to "unlock value" by separating high-flying entertainment operations from struggling publishing activities.
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News Corp shares gain after strong Q1
News Corp (ASX:NWS) shares climbed over 4% on Thursday, as investors ignored the profit impact of the News of the World shutdown to focus on an otherwise solid Q1 sheet
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LulzSec tweets as News’ DNS servers go down
Just hours after claiming responsibility for hacking News International’s The Sun website and posting a fake story about Rupert Murdoch’s death, hacker group Lulz Security has tweeted that News International’s DNS servers are down denying access to some 1024 web addresses.
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UK's News of the World closes after phone hacking scandal
News Corp. will close its weekly U.K. newspaper News of the World amid allegations that the tabloid hacked into the mobile voicemail accounts of celebrities, the British royal family, and crime victims.