China's Alibaba says zero tolerance on graft

Top Chinese e-commerce operator Alibaba said Friday it would not tolerate corruption, after a senior manager was detained on suspicion of taking bribes in the latest graft scandal to hit the company.

News Corp shares rise on doubled share buyback

(AP) -- Shares in Rupert Murdoch's News Corp. rose Thursday after the company posted upbeat quarterly results and doubled its commitment to buying back shares.

Murdoch launches 'Sun on Sunday'

Rupert Murdoch said Friday he will launch a Sunday version of his top-selling British tabloid The Sun, vowing to stand by demoralised staff despite the arrest of senior reporters over bribery claims.

Wikipedia blocks access to protest Italian media law

Online encylopedia Wikipedia has blocked access to its Italian version to protest a draft law to make websites amend content on even a single complaint of prejudice without independent verification.

Murdochs summoned to testify in phone hack inquiry

(AP) -- British lawmakers say News International chief Rebekah Brooks has agreed to testify before a parliamentary committee investigating phone hacking. Rupert and James Murdoch have been issued a summons after they declined ...

Greased palm psychology: Collectivism and bribery

(PhysOrg.com) -- Bribery is condemned in most cultures; but it is more common in some countries than in others. Is poverty, political instability, or lax regulation to blame? A new study published in an upcoming issue of ...

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