The struggling tablet-only newspaper the Daily is planning to fire 50 of its 170 employees. The opinion and sports departments will be hardest hit.
Both media mogul Rupert Murdoch and actor Jason Alexander have spoken out against automatic weapons in the wake of the shootings Friday in Aurora, Colo.
Launched just over a year ago, and touted by the newspaper-loving Murdoch as a savior for print media, The Daily boasts is drowning in estimated losses of $30 million a year.
The Daily's days might be numbered.
John Boehner, the speaker of the U.S. House of Representatives, told voters this week that in the November presidential election they will casting their ballots not for or against Republican Mitt Romney, but for or against Democrat Barack Obama.
The strongly worded piece is the latest episode in Romney's fraught relationship with prominent conservative opinion-shapers who have been skeptical from the start of his ideological squishiness.
Mitt Romney will not modify the immigration stance he took during the Republican presidential primary, the presumptive Republican nominee told supporters at a private meeting.
Rupert Murdoch thinks Scientologists are ?evil.?
This time, the paparazzi is to blame.
The Cruise-Holmes divorce and John Travolta controversy are just the latest events to make headlines for the Church of Scientology.
The newspapers that give Rupert Murdoch's News Corp. (Nasdaq: NWSA) its name may soon be on their own after the media giant's board approved a breakup that could radically reshape the global media landscape.
Will News Corporation (Nasdaq: NWSA) finally split up as many of its shareholders have wished for years? Officially, the company is mum on a report from one of its newspapers Tuesday saying CEO Rupert Murdoch is considering an idea he has long opposed.
The world's richest woman is poised to take control of Fairfax Media, one of Australia's oldest and most-respected publishing companies.
Verizon Communications (NYSE: VZ)?s plans to acquire Hughes Telematics (OTC: HUTC) for $612 million indicates the biggest U.S. phone company is seeking a new market: Mercedes-Benz drivers.
Police in Scotland charged a former spokesman of British Prime Minister David Cameron with perjury on Wednesday for remarks made in court over the phone hacking scandal.
In the most recent development of the scandal that has rocked Rupert Murdoch's disgraced News of the World tabloid, former editor Andy Coulson has been detained on perjury charges over court testimony about phone hacking. Coulson, 44, has been taken into custody by Scottish police as a part of an investigation into phone hacking and perjury at the trial of politician Tommy Sheridan.
It seemed like a move in the right direction for Yahoo back in November, when the company announced a family of new mobile products that would enrich the way users see and understand their news and entertainment content. But just shy of seven months after outburst of mobile and social applications and tools, Yahoo has decided to call it quits on arguably the biggest piece of that mobile package, a personalized magazine app called Livestand.
While British lawmakers call Rupert Murdoch unfit to run a giant media conglomerate, shareholders might disagree. Despite recent declines, the company's stock price is up 20 percent to $19.17 in Wednesday trading from a six-month low in November and far above the $6 depths of March 2009.
Frequent Fox News guest speaker Reverend Jesse Lee Peterson drew sharp criticism for arguing that women should not have the right to vote in a sermon that was posted on YouTube in March. In the speech, Peterson argues that women are destroying American society and wield too much political power.
News Corp. board announced 'full confidence' in Murdoch's leadership in response to a Parliamentary rebuke.
The damning conclusion by parliament's Culture, Media and Sport committee went further, accusing the 81-year-old News International tycoon of being willfully blind to the phone hacking scandal at his News Of The World paper.
Rupert Murdoch is unfit to run a major international company, British lawmakers said on Tuesday, finding him responsible for a culture of illegal phone hacking that has convulsed his News Corporation media empire.