Laurene Powell Jobs, widow of Apple Inc co-founder Steve Jobs, is the lead investor who funded the buyout of News Corp's money losing digital education business Amplify earlier this year.
LONDON Britain's biggest-selling newspaper the Sun is to take down its online paywall, after the Rupert Murdoch-owned tabloid failed to win enough readers in the latest troubled digital experiment for a traditional publisher.
Thomson Reuters Corp on Friday reported third-quarter sales that missed estimates due in part to the strong dollar, but the news and information company's profit beat Wall Street expectations.
LONDON/WASHINGTON When the once toxic Rebekah Brooks returns to run Rupert Murdoch's British newspapers on Monday she will face the toughest challenge of her career -- rebuilding her reputation and the company in the harsh glare of the public spotlight.
LONDON Rebekah Brooks, the Rupert Murdoch protegee cleared last year of orchestrating a criminal campaign that damaged the British establishment, will return to her old job running the tycoon's British newspapers next week in a stunning comeback.
Thomson Reuters Corp on Wednesday reported higher-than-expected quarterly profit as the company's biggest division that serves banks and financial institutions showed underlying revenue growth for the first time since 2011.
LONDON Buckingham Palace scolded Rupert Murdoch's top-selling Sun tabloid on Saturday for publishing a previously unknown film from 1933 that appears to show Britain's Queen Elizabeth performing a Nazi salute as a young girl.
CANNES James Murdoch, who will take the helm of Twenty-First Century Fox next week, said there was little he and his father Rupert did not agree on with respect to the future of the family media empire.
NEW YORK News Corp has been ordered by a Manhattan federal judge to face a class action lawsuit accusing it of monopolizing the market for in-store promotions at some 52,500 retail stores across the United States.
James Murdoch, a Harvard drop out, former cartoonist and co-founder of a hip hop music label, did not always appear destined to follow his father as a media baron, but he will take the CEO job at Twenty-First Century Fox Inc with backing from some important investors.
LONDON - "It was the kind of place you get out of and you never want to go back again." That's how one former reporter describes the News of the World newsroom under editor Rebekah Brooks, the ferociously ambitious executive who ran the Sunday tabloid from 2000 to 2003. Full Article