The board of directors of News Corp. may pressure Rupert Murdoch to step down as its chief executive as the phone-hacking scandal continues to spiral out of control.
Nokia, the largest phone maker by volume, probably fell into the red in the second quarter and is not expected to recover for a few more as its aging models keep losing market share.
News Corp independent directors are fully behind Rupert Murdoch, a board member told Reuters on Monday, as his iron grip on his vast media empire came under question because of the hacking scandal that already has consumed his London newspaper company.
The infamous LulzSec members have emerged once again and this time the victim is the website of The Sun, the UK's best-selling daily newspaper owned by Rupert Murdoch’s News International.
News Corporation chief Rupert Murdoch faced a surprise attack from a man during a parliamentary committee hearing on Tuesday over the phone hacking scandal. The unexpected incident forced a 10-minute halt of the proceedings.
People outside Africa are found to have some of the human X chromosome originating from Neanderthals, according to a latest study.
News Corp independent directors are fully behind Rupert Murdoch, a board member told Reuters on Monday, as his iron grip on his vast media empire came under question because of the hacking scandal that already has consumed his London newspaper company.
Both Internet sensations are ridiculous, but which one is most ridiculous?
Astronauts took amazing photos of the Aurora Australis phenomenon from space
Australian investment banker Macquarie Group is expected to slash up to one-thousand jobs amidst a slowdown in M&A activity and tepid global market conditions.
The Aurora Australis (Southern Lights) was caught by photographers on space shuttle Atlantis last week as it enveloped the Southern Hemisphere of Earth.
If you have a knack for naming, or, more importantly, if you want a free cruise, help Norwegian Cruise Line name the next two Project Breakaway vessels.
The hardest known natural material, diamonds may start losing carbon atoms when put in the sunlight, but that doesn’t mean diamond jewelry wearers will eventually lose their precious stone.
Boutique financial advisory firm Greenhill & Co posted better-than-expected second-quarter earnings on Sunday, rushing the results out after reports on departures at the firm hit the company's stock.
Global consumer confidence fell in the second quarter to its lowest level in a year and a half as an uncertain economic outlook, a deepening euro zone debt crisis and rising inflation made people more cautious, a survey showed on Sunday.
Planking, also known as the 'lying down' game, is an activity that has become a Facebook sensation even though it poses danger to the person doing that. It is the art of lying straight down to mimic a wooden plank to surprise and amuse people. But who created this really dumb stunt?
For those looking for real evidence of global economic recovery, here's some good news: Luxury is back.
Astronauts aboard space shuttle Atlantis captured an amazing view of green Aurora Australis or the Southern Lights on Thursday, while they passed west of Australia.
Forests do a much better job absorbing carbon dioxide than scientists thought, a study in the journal Science shows. The world's forests absorb 2.4 billion tons of carbon dioxide annually -- about one-third of the carbon dioxide released through burning fossil fuels each year.
Technology giant Apple unveiled Mac OS X Lion, which the company claims is the world's most advanced desktop operating system, at its Worldwide Developers Conference (WWDC) last month.
It seems like the days of bizarre Internet sensation of Planking are almost over as the new trend of Owling has become popular.
The International Whaling Commission's annual meeting ended with pro-whaling nations walking out to block a vote on establishing a whale sanctuary, exposing the Orca-sized gulf underlying the whaling talks.