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PM ‘wouldn’t have hired Coulson, with hindsight’

Prime Minister David Cameron admitted on Wednesday that with hindsight, he would not have hired former News of the World editor Andy Coulson as his media chief. “People will of course make judgements about it. Of course I regret and I am extremely sorry about the furore it has caused,”…

British MPs blast Murdoch over hacking probe

British lawmakers Wednesday criticised attempts by Rupert Murdoch’s News International to “thwart” phone-hacking probes, as Prime Minister David Cameron geared up for a parliamentary showdown over the crisis. A day after Murdoch apologised over the scandal as he was grilled by lawmakers in London, a parliamentary committee released a report…

Apple profit rockets with hot iPad, iPhone sales

Apple revenue and profit rocketed to record highs in the recent quarter as sales of iPhones and iPads more than doubled with help from accelerating demand in Asia. Apple said Tuesday that its net profit more than doubled to $7.31 billion on unprecedented revenue of $28.57 billion in the quarter…

Basketball star Yao Ming retires

Basketball star Yao Ming announced his retirement on Wednesday after a trailblazing career that made him China’s best-known athlete and helped spur the game’s global growth. The towering 2.29m (7ft 6in) star made the announcement, which had been widely expected, during a press conference in his home city of Shanghai…

Piers Morgan seeks apology over phone hacking claim

Former British tabloid editor Piers Morgan has demanded an apology from a lawmaker who made claims about him admitting to phone hacking, at the London hearing which quizzed Rupert Murdoch. In an angry on-air exchange, Morgan, who is now a celebrity interviewer for US television news network CNN, challenged Member…

News Corp to emerge ‘a stronger company’: Murdoch

Embattled Rupert Murdoch on Wednesday vowed News Corp. would bounce back from the phone-hacking scandal, saying he would never tolerate such behaviour at his global media empire. “I want all of you to know that I have the utmost confidence that we will emerge a stronger company,” he said in…

Wall Street Journal: WikiLeaks worse than News of the World

The News Corporation-owned Wall Street Journal blasted “self-appointed media paragons” who were quick to attack the British tabloid News of the World but not the release of classified information by Julian Assange’s WikiLeaks. The tabloid, also owned by News Corp., closed down after an investigation revealed it had participated in…

LulzSec claims to have obtained trove of News Corp. emails

Online hacking group LulzSec said Monday night it had obtained a large cache of emails from the servers of News International, the News Corp. subsidiary which oversees global media baron Rupert Murdoch’s British newspapers. Along with the emails, LulzSec said it had unearthed the email logins and passwords for News…

MPs to grill Murdochs, Brooks over phone hacking

Rupert Murdoch, his son James and former aide Rebekah Brooks faced an extraordinary showdown with MPs on Tuesday over the phone hacking crisis that has rocked Britain and threatens the media mogul’s empire. Until recently the three most powerful figures in the British media, they will answer questions from a…

News Corp shares recover ground in Australia

News Corp. shares recovered some ground on bargain-hunting in Australian trade Tuesday amid reports that under-fire tycoon Rupert Murdoch could step down as chief executive. The stock closed 2.40 percent, or 34 cents, higher at Aus$14.50, with one analyst saying the firm had been oversold, losing about a fifth of…

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