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Rupert Murdoch gleeful at BBC debacle in Britain
LONDON (AP) — 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...Tags: Rupert Murdoch, News of the World, Media Industry, Journalism, Sex Crimes
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Murdoch apologizes again for illegal phone hacking
LONDON (AP) — The apologies keep coming from Rupert Murdoch, who has taken out a second newspaper ad promising that his News Corp. will make amends for the phone hacking scandal shaking his global media empire. The ad in several British Sunday...Tags: Crime, Law and Justice, Computer Crime, Arts and Culture, Rupert Murdoch, Labour Party (UK)
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News Corp. to unveil iPad-only newspaper next week
LOS ANGELES (AP) — News Corp. is now set to unveil the world's first iPad-only newspaper, The Daily, in New York next Wednesday. CEO Rupert Murdoch will take the wraps off the tablet publication at the Guggenheim Museum. He will appear with...Tags: New York, Steve Jobs, Computer Hardware, Rupert Murdoch, Media Industry
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Wall Street falters in volatile session on Fed worries
ReutersNEW YORK (Reuters) - Stocks fell on Wednesday with the S&P 500 posting its biggest decline in three weeks, after minutes from the latest Federal Reserve meeting showed some officials were open to tapering large-scale asset purchases as early as at the...Tags: Berkshire Hathaway Inc., GlaxoSmithKline PLC, Roche Holding AG, Jamie Dimon, HIV
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Yahoo's rise in Asia offsets risk from Tumblr bet
ReutersSAN FRANCISCO (Reuters) - Yahoo Inc Chief Executive Marissa Mayer's $1.1 billion acquisition of blogging service Tumblr will be a test of her ability to revive the aging Web portal. Luckily for her, her performance may be graded generously. Mayer faces...Tags: Yahoo! Inc., YouTube, Social Media, Financing and Stock Offerings, Google Inc.
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Citing fatigue, director Ang Lee leaves pilot of TV series 'Tyrant'
ReutersLOS ANGELES, May 21 (Reuters) - Oscar winner Ang Lee canceled his plans to direct the pilot of new U.S. television series "Tyrant," saying on Tuesday that he needed to rest after spending four years working on 3D fantasy-adventure film "Life of Pi." Lee,...Tags: Television, Entertainment, Life of Pi (movie), Satellite and Cable Service, FX (tv channel)
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CBS takes key ratings crown for first time in 21 years
ReutersMay 21 (Reuters) - Broadcast network CBS said on Tuesday it won this season's ratings race among the 18-to-49 age group most prized by advertisers, claiming its first victory in that audience in 21 years. CBS, a unit of CBS Corp, snatched the title...Tags: Television, Netflix Inc., Entertainment, NBC (tv network), American Idol (tv program)
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Kelly Rowland, Paulina Rubio join U.S. 'X Factor' judges panel
ReutersLOS ANGELES (Reuters) - Pop singer Kelly Rowland and Mexican singer-actress Paulina Rubio have signed onto "The X Factor" judging panel replacing Britney Spears and music mogul L.A. Reid, the Fox television talent competition produced by Simon Cowell said...Tags: The Voice (tv program), Paula Abdul, Music, Entertainment, Sony Corp.
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'Star Trek: Into Darkness' beams up $70.1M in opening weekend at box office
LOS ANGELES (AP) — "Star Trek: Into Darkness" didn't warp past its predecessor. The sci-fi sequel directed by J.J. Abrams earned $70.1 million in its opening weekend. The original "Trek" reboot starring fresh faces as the crew of the Enterprise...Tags: The Company You Keep (movie), Comcast Corporation, MGM Inc., Sony Corp., Carl Icahn
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Yahoo seeks turnaround with $1.1-billion deal to buy Tumblr
SAN FRANCISCO — Yahoo Inc. Chief Executive Marissa Mayer is attempting a bold — and risky — strategy to turn around the struggling Internet giant with the $1.1-billion acquisition of Tumblr, a trendy social blogging service popular...
Tags: Mark Zuckerberg, Social Media, Business, France Telecom, Sales
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NBC News looks to Britain for its new president
ReutersBy Liana B. Baker May 20 (Reuters) - Deborah Turness, a former top news editor in Britain, will take over as NBC News' president in August, replacing Steve Capus who left the network in February after eight years. She will report to Pat Fili-Krushel,...Tags: Television, Comcast Corporation, Today (tv program), MSNBC (tv network), Entertainment
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PRESS DIGEST - Wall Street Journal - May 20
ReutersMay 20 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * New York's top financial regulator subpoenaed a handful of Wall Street investment firms...Tags: Yahoo! Inc., DirecTV Group Inc., Economy, Business and Finance, Time Warner Cable Inc., Aubrey K. McClendon
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