Scandal, Phone Hacking | featured news

News Corp reaches a $139m (£91m) settlement with shareholders over complaints filed in relation to the UK phone hacking scandal.

Few seem to be enjoying the management meltdown at the venerable BBC more than Rupert Murdoch, the News Corp. chief whose rival British newspapers have been caught up in their own lengthy, embarrassing and expensive phone-hacking scandal....

Murdoch was smiling at the end of the day Thursday after News Corp. announced a profit increase that dwarfed their scandal-related expenses.

If the phone hacking scandal gripping Rupert Murdoch's News Corp. empire has a familiar ring, it might be because you've heard the story before. Scrappy outsider turns modest newspaper business into international media conglomerate. Ambition turns to hubris. Mogul dramatically falls from grace....

James Murdoch, the son of media titan Rupert Murdoch, testified Tuesday that he had no idea phone hacking was widespread at the News of the World tabloid and that he would have insisted the company "get to the bottom of what was going on" had he known.

A former reporter on the News of the World newspaper, the defunct News Corp British paper at the heart of phone-hacking and corruption allegations, said he lost his job as crime correspondent because he refused to bribe police officers.

Rebekah Brooks, a former top executive with Rupert Murdoch’s News International, was among six people arrested Tuesday in one of the largest police sweeps yet in the long-running phone-hacking scandal, British news media reported.

James Murdoch, the executive at the epicenter of the phone hacking scandal at his father's British newspapers, is stepping down as executive chairman of News Corp.'s U.K. newspaper arm, the company announced Wednesday.

A British lawmaker said Thursday that he and 17 others have been awarded payouts over phone hacking by the News of the World newspaper.

The defense offered by James Murdoch in a Thursday appearance before the committee of Parliament tasked with getting to the bottom of the phone hacking scandal can be summed up in three parts: I didn't know about it. Blame the people who should've told me about it. The people who say they did tell me about it are wrong.