LONDON (Reuters) – James Murdoch, fighting for his career, held his line that he was innocent of covering up phone-hacking at the News of the World tabloid and blamed other former executives in a UK parliamentary hearing on Thursday.
But the 38-year-old News Corp executive and son of media mogul Rupert had no answer during his two-and-a-half-hour grilling to accusations he should have asked more questions, particularly when approving a huge payoff to a hacking victim.
LONDON, Nov 10 (Reuters) – James Murdoch turned on his
former News of the World colleagues on Thursday as he fought to
survive a second grilling over phone-hacking by British
lawmakers and keep his place in his father’s media empire.
Murdoch blamed Colin Myler, the last editor of the
now-defunct Sunday tabloid, for giving him incomplete
information, and accused the newspaper’s ex-legal chief, Tom
Crone, of misleading the committee of MPs investigating the
LONDON, Nov 10 (Reuters) – James Murdoch blamed other senior News Corp executives on Thursday for not telling him more about potential evidence of widespread phone-hacking at the now-defunct News of the World tabloid that he oversaw.
In a second questioning by British parliamentarians, Murdoch, who is fighting to keep his place in his father Rupert’s media empire, said he was ill-informed by then-editor Colin Myler and should have been told more when he approved a large payoff to a hacking victim.
LONDON, Nov 10 (Reuters) – Euromoney , the financial
information arm of Daily Mail & General Trust ,
increased sales by 10 percent in the year to end-September and
said first-quarter trading was in line with its expectations.
But the publisher of Euromoney magazine and hundreds of
specialist titles like Air Finance Journal said on Thursday the
outlook was uncertain, as the big banks that form an important
part of its client base face turbulence and lower profits.
LONDON (Reuters) – British newspaper publisher Trinity Mirror (TNI.L: Quote, Profile, Research, Stock Buzz) expects to perform slightly better than the market anticipated this year thanks to higher Sunday circulations following the closure of the News of the World.
The publisher of the popular Daily Mirror and Sunday Mirror tabloids said on Thursday its revenue in the 17 weeks to end-October was in line with the same period in 2010, and it had seen an improvement in the rate of decline of ad sales.
LONDON (Reuters) – James Murdoch faces a second grilling by UK parliamentarians on Thursday over his role in a phone-hacking scandal at the News of the World tabloid that could make or break his credibility as the next head of his father Rupert’s media empire.
A committee of MPs will have a second chance to cross-examine the 38-year-old News Corp executive about exactly when he found out about the illegal practice, and whether he took proper steps to investigate and stop it.
LONDON, Nov 4 (Reuters) – To have prolific British celebrity
tweeter Stephen Fry on board a flight grounded by an engine
fault less than a week after a labour dispute-related complete
shutdown of services has to count as bad luck for an airline.
But Australian airline Qantas’s public-relations
week from hell showed the dangers of treating social media like
Facebook or Twitter as one-way marketing channels.
LONDON, Nov 3 (Reuters) – British publishing group Pearson
raised its full-year earnings guidance by 4 percent on
lower-than-expected interest and tax charges and said on
Thursday it was confident in its outlook despite weakness in its
key U.S. textbook market.
The owner of the world’s largest education business, the
Financial Times and Penguin Books said it expected adjusted
earnings per share of about 83 pence ($1.33) per share, up from
its previous guidance of 80 pence.
LONDON (Reuters) – Attempts by China, Russia and others to gain more control over the Internet are doomed to failure, Britain said on Wednesday, after hosting a major conference on cyberspace that it said sent a clear signal to authoritarian governments.
Speaking after the London conference attended by 60 nations, British Foreign Secretary William Hague said threats of cyberterrorism and cybercrime were real, but should not be used as a pretext for online repression.
LONDON, Nov 1 (Reuters) – Britain and the United States
strongly rejected calls from China and Russia for greater
Internet controls on Tuesday at a major conference on the future
of cyberspace, although Western states too faced accusations of
While Western states worry about intellectual property theft
and hacking, authoritarian governments are alarmed at the role
the Internet and social media played in the protests that swept
the Arab world this year.