Rupert Murdoch

Laurene Powell Jobs backs Amplify education company bought from News Corp


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.

News Corp's revenue falls for third straight quarter

News Corp, owner of the Wall Street Journal, reported its third straight quarter of revenue decline, hurt by a strong dollar and lower print ad sales, mainly in Australia.

Australia 05 Nov 2015

UPDATE 2-News Corp's revenue falls for third straight quarter

* Adj profit $0.05/shr vs. est. $0.06/shr (Adds details, quote)

News Corp property website to buy out rival for $414 mln to gain Asia presence

SYDNEY, Nov 2 News Corp's Australian real estate website company REA Group Ltd said it plans to buy out smaller rival iProperty Group Ltd for A$580 million ($414 million), seizing on the target company's footprint in Southeast Asia.

Thomson Reuters third-quarter sales dip; shares down

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.

23 Oct 2015

Wall Street-backed chat company Symphony up and running with new media partners

Sept 15 Wall Street-backed messaging platform Symphony Communications Services LLC announced a number of partnerships with major media companies during a kick-off event on Tuesday.

Australian antitrust chief questions Murdoch play for Ten Network

SYDNEY, Sept 14 A proposal by Rupert Murdoch's cable TV firm Foxtel to buy 15 percent of struggling broadcaster Ten Network Holdings Ltd may hurt competition, an Australian antitrust regulator said, in a sign that it may block the A$77 million share sale.

Murdoch favorite Brooks returns to UK job in remarkable comeback

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.

02 Sep 2015

Rebekah Brooks returning to News Corp as UK chief: FT

LONDON Rebekah Brooks will return to her old job heading Rupert Murdoch's British newspaper division, the Financial Times reported, just over a year after being cleared of criminal charges in a phone-hacking scandal.

28 Aug 2015

Prosecutor seeks to summon Murdoch in Deutsche Bank trial

MUNICH Munich prosecutors requested that 30 additional witnesses including Rupert Murdoch, publisher Friede Springer and Axel Springer Chief Executive Mathias Doepfner be summoned in a trial against Deutsche Bank executives.

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