Rupert Murdoch’s media empire News Corp., which represents the second largest media conglomerate in the world behind the Walt Disney Company, is taking a severe beating as Murdoch himself is having to address various criminal allegations, including that hisNews of the Worldtabloid illegally hacked... Read more...
News Corp has hired tech and media investment bank Allen & Company to sell off MySpace, the WSJ reports. Allen & Co will now schedule meetings with interested buyers, of whom there are about twenty, including financial firms. We think Zynga should buy MySpace (see below) but... Read more...
Editor's Note: Pete Cashmore is founder and CEO of Mashable, a popular blog about social media. He writes a weekly column about social networking and technology for CNN.com. Do you remember Bebo? AOL bought the hot social networking Web site for $850 million in 2008. This week, the company... Read more...
NEW YORK (CNNMoney.com) -- Fox Network refused Wednesday to agree to an offer by Time Warner Cable to enter arbitration with the Federal Communications Commission to resolve an ongoing fee dispute. Fox and Time Warner Cable have been locked in a public battle over how much the cable giant should ... Read more...
(FT) -- Microsoft's top search technology executive on Wednesday all but dismissed the likelihood that the company would pay newspaper owners and other publishers for removing their content from Google. His comments came a week after it emerged that Microsoft had been in talks over a News Corp-le... Read more...
Editor's Note: Damn Google...little Rupert got yall b*tchin huh? Man up! (CNN) -- In a nod to the growing debate on free access to news stories on the Web, Google has updated options to help news organizations limit access. The move comes after revelations that Microsoft has been in talks with R... Read more...
Whenever Rupert Murdoch goes back to his home country of Australia, he loosens up and says things to the press (usually his own outlets) that he might not say in the U.S. Of course, everyone in the U.S. picks up on it and it becomes a big story, as it did today after Murdoch told his own S... Read more...