-By Nathaniel Downes
August 24, 2012- Earlier this week, Fox News revealed the name and information for one of the Seal Six members who led the raid which resulted in the death of Osama Bin Laden. As a result of their lack of responsible journalism and lack of ethics, the life of an American hero is in danger.
As reported by NBC News today, Al Qaeda is now spreading the information freely given out by the media giant to their network of agents worldwide. They are doing so in order to “make an example of him” and call for his “destruction.” As responsible journalists, neither NBC nor Addicting Info are going to reveal this information. It was given in confidence, and out of respect both for the man as well as the danger we will not be part of any further risk to this true hero.
-By Yinka Adegoke
August 15, 2012- Rupert Murdoch's News Corp has set up a global compliance and ethics team led by its top in-house lawyer, as it deals with the lingering fallout of a phone-hacking scandal that rocked the company just over a year ago.
In a memo to staff, Murdoch said Gerson Zweifach, News Corp's general counsel, will take on the role of chief compliance officer with responsibility for overseeing its global compliance and ethics program. Lisa Fleischman, associate general counsel, will be deputy chief compliance officer and both will report of the company's board and the audit committee regarding the content and operation of the program.
Murdoch said the company has initiated a review of anti-corruption controls in selected locations around the world.
"The purpose of this review is to test our current internal controls and identify ways in which we can enhance them," said Murdoch in the memo. "Let me emphasize that the review is not based on any suspicion of wrongdoing by any particular business unit or its personnel."
The company's business units will be organized into five compliance groups: LA Cable and Broadcast Group, LA Film and TV Production Group, the Europe and Asia Group, the Australia Group and the New York News and Information Group.
Rupert Murdoch's News Corp has swung to a loss partly due to the weakness of its publishing business, which includes newspapers like the Times and the Sun.
August 8, 2012- The fourth quarter net loss was $1.6bn (£1bn) compared with a net income of $683m in the same period last year.
The loss included a $2.9bn pre-tax restructuring charge.
The company plans to split into two, separating its profitable film and TV business from UK newspapers, embroiled in a phone-hacking scandal.
"News Corporation is in a strong operational, strategic and financial position, which should only be enhanced by the proposed separation of the media and entertainment and publishing businesses," Mr Murdoch said.
Its publishing division reported quarterly operating income of $139m, down from $270m reported in the same period a year ago, reflecting lower advertising revenues and the lack of sales from closed tabloid News of the World.
The $2.9bn charge is for "impairment and restructuring" - possibly ahead of the corporate split.
For the last financial year as a whole, the results include a $224m charge related to the legal costs over the phone-hacking scandal.
Posted by by 8ackgr0und N015e on the Daily Kos
August 9, 2012- Oh Ann, now look what you've done. Not only have you given away the store, you got Sean to help. True, he did it unwittingly, but what did you expect? We all know he's not as bright as you are.
The hyperthyroid harpie's recent tirade against Mitt Romney and his campaign has gotten a lot of attention for the way she clawed at his spokesmodel. But I think there is another point here that deserves everyone's attention.
Watch what Ann shouts at 00:35, while Hannity desperately tries to get her back on message after she tells the handful of big money donors bankrolling this whole carnival of clowns they should cut off their funding for Romney:
Losses include charges related to plan to split off publishing assets from more lucrative film and TV sectors
-By Dominic Rushe
August 8, 2012- News Corporation made a loss of $1.6bn (£1.2bn) in the last quarter as it absorbed $2.8bn in charges related to a plan to spin off its ailing publishing businesses.
The loss compared with a profit of $683m in the same period a year ago and came as revenues dipped 6.7% to $8.4bn, hit by a slide in audiences for TV shows including American Idol and disappointment at the box office for its Hollywood studio. The results were below analysts' expectations and the company's shares fell in after-hours trading.
The fourth-quarter loss was linked "most significantly" to poor performances at News Corp's Australian publishing assets, the company said.
News Corp announced plans last month to split off its publishing assets including the Wall Street Journal, the Times and the Sun in the UK, and its Australian newspapers from the more lucrative film and television assets including Fox Broadcasting, the Twentieth Century Fox studios and its stake in BSkyB.
Media Matters: Fox's Beckel On Distortion Of Obama Comments: "Once Again, We Put Something On The Air That's A Flat-Out Lie"
-By NBC News and wire services
July 24, 2012- British authorities on Tuesday charged an ex-aide to the British prime minister, a former protege of media mogul Rupert Murdoch and six others in the ever-widening phone-hacking scandal. Prosecutors accused those charged of key roles in a lengthy campaign of illegal espionage that victimized hundreds, including top celebrities Angelina Jolie and Brad Pitt.
The announcement was a major development in a saga that has transfixed and at times horrified Britons and one that shows no signs of ending. A senior police official told The Associated Press earlier this week that her force was investigating more than 100 claims including computer hacking and illegal access to medical records stemming from the scandal.
Prosecutors said Tuesday that Andy Coulson, Cameron's communications director for four years until 2011, and Rebekah Brooks, who oversaw Murdoch's News International, would face charges of conspiracy to intercept communications.
-By Raphael Satter (Associated Press)
July 23, 2012- LONDON—British police are investigating new tabloids in the country's growing phone hacking scandal, including the Trinity Mirror PLC newspaper group as well as the U.K.'s Express Newspapers, a senior Scotland Yard official said Monday.
More than 100 new allegations of "data intrusion" also are being probed.
Deputy Assistant Commissioner Sue Akers' comments to a judge-led inquiry into media ethics indicated that the scandal, which erupted last year at Rupert Murdoch's News of the World and has involved hundreds of victims, could end up burning the now-defunct tabloid's U.K. competitors as well.
Akers gave as an example payments of tens of thousands of pounds (dollars) allegedly made to the same prison officer by all three newspaper groups.
"Our assessment is that there are reasonable grounds to suspect offenses have been committed and that the majority of these stories reveal very limited material of genuine public interest," Akers told Lord Justice Brian Leveson, who is leading a government inquiry into media misbehavior set up in the wake of the scandal.
-By Sylvia Hui (Associated Press)
July 21, 2012- LONDON -- Media mogul Rupert Murdoch has resigned as a director of a number of News Corp. boards overseeing his Britain newspapers, a spokeswoman confirmed Saturday. He also quit from some of the media company's subsidiary boards in the United States.
Murdoch stepped down this past week as a director of NI Group, Times Newspaper Holdings and News Corp. Investments in the U.K., said Daisy Dunlop, spokeswoman for News Corp.'s British arm, News International. The companies oversee The Sun, The Times, and The Sunday Times.
It was not immediately clear which of News Corp.'s U.S. boards Murdoch had left. Britain's Telegraph newspaper, which first reported the news late Saturday, said those details had not yet been disclosed by the US Securities and Exchange Commission.
News International sought to play down the significance of the resignations, saying in a statement that "this is nothing more than a corporate housecleaning exercise prior to the company split."
-By Jack Mirkinson
June 26, 2012- News Corp. is thinking of splitting in two, dividing its publishing business from its entertainment division, the company's own Wall Street Journal reported late Monday night. News Corp. confirmed the report on Tuesday morning, saying that it is "considering a restructuring to separate its business into two distinct public companies.”
The plan would see News Corp.'s newspapers, book publishing and education divisions split off from its film and television studios. The Murdochs would retain control over both companies. The latter properties are a major cash cow for Murdoch; the publishing properties, many of which operate at a loss, contribute far less to the company's bottom line. Last year, for instance, the entertainment division made $23.5 billion in revenue. The publishing side made $8.8 billion in revenue.
-By James Cusick
June 18, 2012- Scotland Yard detectives investigating phone hacking at the News of the World are examining the call records of four newly discovered Apple iPhones issued to senior executives at News International.
The smartphones, issued by O2 in a contract beginning in October 2009, included a handset given to James Murdoch, the former chairman and chief executive of News Corp Europe. Despite billing for the phones totalling nearly £12,000 between June last year and May this year, neither Operation Weeting nor the Leveson Inquiry was told of the existence of the smartphone accounts.
Phone text messages and emails sent and received by News International executives and advisers have provided some of the most controversial evidence heard by Lord Justice Leveson's inquiry into press practices and ethics.
It had been assumed that the email and text traffic from key News International executives was centred solely on their company BlackBerry account with Vodafone.
In accounts seen by The Independent, issued through 02's corporate customer services at Arlington Business Park in Leeds, Mr Murdoch's iPhone account is listed as "active".