Rupert Murdoch

The Wall Street Journal reports that News Corp will divide into an entertainment company and a media company

Rupert Murdoch is "unfit to run a major international corporation." That is the verdict from a committee of British lawmakers today. The committee was investigating allegations of widespread phone hacking by journalists working for Murdoch's News of the World tabloid newspaper.

Media titan Rupert Murdoch gets rapped for ignoring phone hacking in U.K. But who reprimands CEOs in the U.S. -- and for what misdeeds?

Murdoch tells a U.K. government inquiry he didn’t know about phone hacking at one of his British newspapers. U.S. investigators are watching closely.

In London, media tycoon Rupert Murdoch and his son James are facing tough questions at a government hearing into news media ethics. When they appeared together before parliament last year, the Murdochs did not get an easy ride. One lawmaker accused them of running their media empire like the mafia.

The heir apparent to Rupert Murdoch has stepped down as chairman to News International, a division of News Corporation. It's a good way to distance himself from News Corp.'s recent phone hacking scandal.

James Murdoch announced today that he was stepping down from News International, the British newspaper arm of News Corp. He'll instead focus on the international TV business, and that could affect the company here in the U.S.

James Murdoch has quit as Executive Chairman of News Corp’s British newspaper-publishing arm after allegations of malpractice by the publications.

James Murdoch, son of Rupert, has stepped down as chairman of News International. The resignation distances him from the newspaper arm of the business, which is a major part of British media.

Just seven months after another paper shuttered its doors in scandal, Rupert Murdoch is launching a new tabloid in Britain.