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Murdoch drops British Sky Broadcasting buyout

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Global media mogul Rupert Murdoch has dropped his $14 billion bid to take control of British Sky Broadcasting (BSkyB), the network reported Wednesday morning.

Word of the buyout cancellation comes shortly after British Prime Minister David Cameron announced that his government would investigate whether News Corporation properties engaged in an illegal spying campaign against Americans — specifically against the victims of the Sept. 11, 2001 terrorist attacks.

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“I am confident the Metropolitan Police will get to the bottom of this,” Cameron told Parliament on Wednesday. His calls for a probe were echoed by U.S. Senator Jay Rockefeller (D-WV), who promised “severe” consequences if Murdoch’s media empire targeted Americans.

Sky noted that News Corp., which owns a minority stake in the company, “intends to remain a long-term shareholder in BSkyB.”

“We believed that the proposed acquisition of BSkyB by News Corporation would benefit both companies but it has become clear that it is too difficult to progress in this climate,” Chase Carey, chief operating officer of News Corp., said in an advisory. “News Corporation remains a committed long-term shareholder in BSkyB. We are proud of the success it has achieved and our contribution to it.”

Had News Corp. not dropped their bid to take full control of BSkyB, it would likely have been voted down by Parliament, amid a historic outcry by lawmakers against the American media conglomerate.

News Corp. subsidiary News International, which oversees the company’s British newspaper holdings, is alleged to have engaged in a series of high profile phone hacking and bribery schemes that targeted ranking politicians, the royal family, celebrities, a murder victim, the victims of terrorist attacks and the families of dead soldiers, among others.

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While it is not clear if Murdoch’s U.S. media properties participated in these efforts, Wall Street Journal publisher Les Hinton, the former chief of News International, is said to have been involved.


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‘Friday Night Massacre’ at US Postal Service as Postmaster General—a major Trump donor—ousts top officials

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Government watchdogs, Democratic lawmakers, and pro-democracy advocates declared it a "Friday Night Massacre" for the U.S. Postal Service after news broke in a classic end-of-the-week dump that Louis DeJoy—a major GOP donor to President Donald Trump and the recently appointed Postmaster General—had issued a sweeping overhaul of the agency, including the ouster of top executives from key posts and the reshuffling of more than two dozen other officials and operational managers.

According to the Washington Post:

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‘Gullible’ Trump administration paid up to $500 million too much for these ventilators: investigators

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Citing “evidence of fraud, waste, and abuse,” a congressional subcommittee investigating the federal government’s purchase of $646.7 million worth of Philips ventilators has asked the U.S. Department of Health and Human Services Office of Inspector General to launch its own investigation of the deal.

The House subcommittee launched its review after ProPublica stories in March and April showed how a U.S. subsidiary of Royal Philips N.V. received millions in federal tax dollars years ago to develop a low-cost ventilator for pandemics but didn’t deliver it. Instead, as the coronavirus began spreading around the globe and U.S. hospitals were desperate for more, Philips was selling commercial versions of the government-funded ventilator overseas from its Pennsylvania factory. Then in April, despite having not fulfilled the initial contract, the Dutch company struck a much more lucrative deal to sell the government 43,000 ventilators for four times the price.

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Pastor slams Trump for lying about a ‘dystopian dreamscape’ if Biden wins: ‘Pandering to the worst level’

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As President Donald Trump loses ground with evangelicals realizing he's not actually a Christian, the right-wing has scrambled with the only strategy they have: try to claim Joe Biden, a devout Catholic, is somehow not a Christian.

"Nobody ever would ever even think possible because he's following the radical left agenda," said Trump in Ohio. "Take away your guns. Destroy your Second Amendment. No religion, no anything. Hurt the Bible. Hurt God. He's against God."

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