News Corp executive James Murdoch, under pressure over his role in Britain's tabloid phone hacking scandal, is stepping down from the board of Sotheby's, the auction house has said.
In a filing to the US Securities and Exchange Com
Britain's loss-making Guardian paper, which has led the exposure of a phone-hacking scam at Rupert Murdoch's News of the World tabloid, is to hike its cover price by 20 per cent, making it the country's most expensive newspaper.
Rupert Murdoch and his son James apologised to the British parliament on Tuesday over a hacking scandal that has engulfed News Corp , but the veteran media mogul denied he was ultimately responsible for "this fiasco".
Murdoch senior said h
Rebekah Brooks, former editor of the News of the World and a favoured lieutenant of Rupert Murdoch, was arrested on Sunday as part of an investigation into allegations of phone hacking and bribing police, sources familiar with the situation said.&
Rupert Murdoch said sorry on Friday to victims of criminal phone hacking by one of his tabloids after confidante Rebekah Brooks quit as head of the British newspaper arm of his News Corp media empire.
Moving to get ahead of a scandal washi
In a moment of celebration tinged with sorrow and no little anger, the staff of Britain's best-selling News of the World tabloid cheered as they left their offices on Saturday for the last time.
Reporters, editors and production staff walk