News Corp | featured news

Obama's right. It's time to stop taking the network's skewed news seriously. Last week, when White House communications director Anita Dunn charged the Fox News Channel with right-wing bias, Fox responded the way it always does. It denied the accusation with a straight face while proceeding to confirm it with its coverage.

News Corp. is planning to position its MySpace unit as a Web site for accessing entertainment and related information, amid tough competition from Facebook.

News Corp. issued a detailed rebuttal of allegations that reporters at two of its U.K. tabloids used illegal methods to collect information on sports stars, celebrities and other public figures.

British police will look into a report that a Rupert Murdoch subsidiary hacked into cellphone messages.

As the media world's most powerful figures gather in Sun Valley, Idaho to discuss the state of the industry the topics are likely to range far and wide. But aside from subjects like the economy and the influence of the internet, one question is likely to dominate conversations among the event's moguls and millionaires: will anyone broker a deal to buy Twitter?

Hulu CEO Jason Kilar won a big battle against Google's (GOOG) top dealmakers in April, successfully convincing Disney (DIS) CEO Bob Iger to put ABC's full-length content on Hulu instead of YouTube.

Google wanted to make Disney the cornerstone of its new focus on premium content, but Disney ended up taking an equity stake in Hulu alongside prior investors News Corp (NWS), NBC (GE) and Providence Equity Partners.

A couple months later, the fruits of Jason's labor are here in the form of mega-hit "Grey's Anatomy," now live on Hulu.

Here's the email that Jonathan Miller, News Corp.'s CEO Digital Medial, sent to all Fox Interactive employees about the departure of MySpace cofounder and CEO Chris DeWolfe. DeWolfe is gone.

Former AOL CEO Jon Miller is close to taking a new role overseeing digital strategy at News Corp.

Chernin has headed Rupert Murdoch's Fox movie and TV operations and been a key link to Wall Street and Hollywood. No successor is named.

Rupert Murdoch's News Corp makes a $6.4bn loss as falling advertising revenues forces it to write-down assets.