News Corp reported a higher-than-expected quarterly profit as gains at its Fox cable network and film divisions, plus cost cuts, helped offset declines at its television stations and newspapers.
News Corp reported lower revenue on Wednesday because of advertising declines at its television stations and newspapers, while profit rose because of stronger performance at its cable television, movie and book units as well as cost cuts.
The new electronic reader from Barnes & Noble Inc, expected to launch on Tuesday, features color, a touchscreen display and the same price tag as Amazon.com Inc's Kindle, the Wall Street Journal reported on Monday.
News Corp plans to examine Comcast Corp's possible deal to take over NBC Universal to see if opportunities present themselves, but it is not involved in any talks, its top executive said.
Dell plans to launch a smartphone with Google's Android mobile software on carrier AT&T's network as soon as early 2010, the Wall Street Journal reported on Wednesday.
News Corp chief Rupert Murdoch has held talks with Japanese and South Korean firms, possibly sounding out potential partners to rival Amazon.com Inc's Kindle electronic reader, sources said on Wednesday.
News Corp chief Rupert Murdoch has held talks with Japanese and South Korean firms, possibly sounding out potential partners to rival Amazon.com Inc's Kindle electronic reader, sources said.
Sarah Palin, last year's Republican vice-presidential candidate who became a figure of global fascination, is to release her memoir just four months after her book deal was announced.
Publishers of general news would find it hard to charge for their content online because too much free content is available, the chief executive of Google Inc said on Thursday.
The Wall Street Journal soon will begin charging people to read the paper on mobile devices such as their BlackBerrys, the paper's owner Rupert Murdoch said on Tuesday.
Two generations of Murdochs have caused a wave of excitement in the battered newspaper industry in recent weeks with a series of comments and actions suggesting that charging readers for news on the Web is the way forward.
The Fox business news channel of Rupert Murdoch's News Corp has agreed to simulcast the radio show of Don Imus, the ratings-grabber who stirred a national controversy on race two years ago.
Rupert Murdoch's News Corp is in talks with Saudi billionaire Prince Alwaleed bin Talal to buy a 20 percent stake in broadcaster Rotana Media, the Wall Street Journal reported, citing people familiar with the deal.
Italian Prime Minister Silvio Berlusconi is launching legal actions against media in Italy and abroad, including Britain, France and Spain, for libel in their coverage of his private life, his lawyer said on Friday.
Italian Prime Minister Silvio Berlusconi is launching legal actions against media in Italy and abroad, including Britain, France and Spain, for libel in their coverage of his private life, his lawyer said on Friday.
News Corp's Dow Jones & Co Inc is only in the early stages of exploring a sale of its stock market index business and a sales prospectus has not gone out yet, a source familiar with the matter said.
News Corp's MySpace said on Thursday it has agreed to buy music recommendation service iLike, as the once-hot social networking site tries to reinvent itself as an entertainment portal.
James Murdoch is reshuffling News Corporation's Star Asian television operations as he slashes 30% of its HQ staff in Hong Kong, his biggest move yet to stamp his mark on the most promising growth area in his father's media empire.
News Corp, which is trying to stem newspaper revenue declines, could charge for access to its news websites by the middle of next year, and might break off its relationship with Amazon.com Inc's Kindle e-reader if it cannot get better terms.
Media conglomerate News Corp posted a quarterly net loss on Wednesday after taking charges in some of its units, including the one that houses the MySpace online social network.
Rupert Murdoch's News Corp reported an 11 percent drop in quarterly revenue on falling advertising sales at its local TV stations and newspapers, but said it expects modest improvement in coming months.
If there's one group of executives at this week's Sun Valley media and technology conference who ought to be in good spirits, it's the handful steering the fleet of Internet social networks.