Myspace purchase a 'huge mistake': Murdoch

News Corp's purchase of Myspace was a "huge mistake" and the social network was mismanaged "in every possible way" following the acquisition, chief executive Rupert Murdoch said Friday.

LA to give every student an iPad; $30M order

Los Angeles' school system, the second largest in the United States, is ordering iPads for all its students, handing Apple a major success in its quest to make the tablet computer a replacement for textbooks.

Hola, Hulu! Univision telenovelas come online

(AP) -- Univision, the nation's No. 1 Spanish-language broadcaster, is bringing its popular telenovelas and other prime-time TV programming to online video service Hulu.

Music service gives Myspace second wind

Faded online social network Myspace said Monday it was getting a second wind due to the popularity of a freshly launched online music player.

Possible CEOs to succeed Carol Bartz at Yahoo

(AP) -- The search has now begun for a person willing to lead one of the world's most popular Internet properties, Yahoo Inc., whose problems have deepened under its three previous leaders.

NY Post blocks website access for iPad users

The New York Post has blocked access to its website from the iPad's Safari Web browser in a bid to drive users of Apple's tablet computer to the newspaper's paid application.

Hulu to live-stream Dave Matthews concert

Hulu.com is to provide a live stream of an upcoming concert by the Dave Matthews Band in a first for the online video website better known for showing full-length television shows and movies.

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News Corporation

News Corporation (often abbreviated to News Corp.) is one of the world's largest media conglomerates. The company's Chairman, Chief Executive Officer and Founder is Rupert Murdoch.

News Corporation is a publicly-traded company listed on the Nasdaq and the Australian Securities Exchange and as a secondary listing on the London Stock Exchange. Formerly incorporated in South Australia, the company was re-incorporated into Delaware General Corporation Law after a majority of shareholders approved the move on 12 November 2004.

News Corporation's headquarters is at 1211 Avenue of the Americas (Sixth Ave.), in New York City, in the newer 1960s-1970s corridor of the Rockefeller Center complex.

Revenue for the year ended 30 June 2008 was US$32.996 billion with an operating income of US$5.381 billion. Almost 70% of the company's sales come from its US businesses. On 16 January 2009 the Government Accountability Office reported that News Corp has 152 subsidiaries in low-tax or no-tax countries, one of four companies to have more than 100.

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