Bad week for News Corp

11 Jul 2011 18:29 #1 by Something the Dog Said
Really bad week for Rupert Murdoch and News Corp. the parent company of Wall Street Journal, Fox News and other tabloids. First, they sell MySpace which they purchased for $550 million just 6 years ago for $35 million. Then the news spills out (although not on Fox News) that not just one of their newspapers but several have been illegallly hacking into voicemail, bank records and other private information of not just politicians and celebrities but crime victims and interfering with police investigations into murders. Now Murdoch is being sued by many of his shareholders over his management of the company.

"Remember to always be yourself. Unless you can be batman. Then always be batman." Unknown

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11 Jul 2011 19:18 #2 by Local_Historian
ooops.

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11 Jul 2011 20:28 #3 by FredHayek
Replied by FredHayek on topic Bad week for News Corp
So when Assange exposes private documents or some kid hacks into Palin's e-mail, it is a good thing, but here, Murdoch, is shutting down the offenders whereas the New York Times applauds those who steal our military and diplomatic secrets.

Thomas Sowell: There are no solutions, just trade-offs.

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11 Jul 2011 21:30 #4 by LadyJazzer
Replied by LadyJazzer on topic Bad week for News Corp
Hmmmm... It appears that the FCC is starting to investigate NewsCorp and Murdoch here in the States as well... It looks like the scandals aren't limited to the UK... (You can hear the surprise in *MY* voice!...) Pooor FauxNews might have some troubles coming.....

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