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News Corp. offers $4.7 million to phone hacking victims
Stemming from the phone hacking scandal that ending up halting production of the now-defunct News of the World, News Corp. is attempting to shell out a large quantity of money to avoid a lawsuit.
MySpace Shareholder Suit Going to Trial
Shareholders who brought a lawsuit against the MySpace execs who sold the social networking company to News Corp. will get their day in court.
News Corp. Won’t Go After Yahoo
Media mogul Rupert Murdoch has confirmed that News Corp. won't fight Microsoft for control of Yahoo, leaving Yahoo with fewer options to avoid a Microsoft takeover.
Murdoch Offers MySpace Swap for Yahoo Stake
News Corp. Rupert Murdoch head has dangled a tasty bait in front of Yahoo – MySpace in exchange for a 25% stake in the Internet giant.
YouTube to Carry Video Ads
Online video powerhouse YouTube has announced it will begin carrying video advertisements on its site.
DirecTV Rolling Out its Own DVR
Continuing to distance itself from partner and DVR pioneer TiVo, satellite provider DirecTV has launched a massive ad campaign promoting its own DVR system.