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Les Hinton, chairman of News International in the years the alleged hacking occurred, stepped down as head of the Dow Jones division yesterday. That followed the exit of News International CEO Rebekah Brooks. She was editor of the News of the World, the newspaper implicated in the scandal, from 2000 to 2003.

News Corp. owner Rupert Murdoch apologized for the phone-hacking scandal ignited by revelations about his News of the World newspaper in an advertisement to appear Saturday in British newspapers.

Rupert Murdoch on Thursday caved in to pressure from Britain's parliament to answer questions over alleged crimes at one of his newspapers and denied that News Corp was drawing up plans to separate its newspaper holdings.

Rupert Murdoch's dream of controlling a British broadcasting behemoth turned to ashes Wednesday as he withdrew his bid for BSkyB — the latest, biggest casualty of what Prime Minister David Cameron called the hacking "firestorm" sweeping through British politics, media and police.

Tom Crone, the legal manager at the Rupert Murdoch U.K. newspaper arm fighting widespread hacking allegations, has left the company, a source has told Reuters.

Former British prime minister Gordon Brown charged Tuesday that Rupert Murdoch’s newspapers hired “known criminals” to obtain information about him, and a senior police official said he was sure his own phone was hacked, as a mounting scandal threatened to further damage Murdoch’s media empire.

Britain was looking for a way out of approving media baron Rupert Murdoch's multi-billion dollar deal to buy broadcaster BSkyB amid a phone-hacking scandal.

Closing Britain's highest-selling newspaper, the 168-year-old News of the World, with just three days' notice in the wake of its phone-hacking scandal may feel like a nuclear option. In practice, it makes perfect commercial sense for Rupert Mudoch's News Corporation.

The News of the World, the British tabloid newspaper beset with a widening phone-hacking scandal, will shut down as result of the imbroglio, a top executive of its parent company said Thursday. The News, a feisty, hugely profitable daily that has been continuously published for 168 years, will cease publishing on Sunday, said James Murdoch, the son of media baron Rupert Murdoch, whose News Corp. owns the newspaper.

MySpace, bought by the News Corporation six years ago for $580 million, has been sold to Specific Media for about $35 million, two executives with knowledge of the sale said Wednesday.