New arrest in UK phone hacking scandal

(AP) -- Britain's Press Association news agency said Monday one of its reporters was arrested by detectives investigating a widening phone hacking scandal.

Hulu mulls putting itself up for sale

(AP) -- Online video service Hulu is exploring putting itself up for sale after receiving an unsolicited takeover offer, people familiar with the matter said Tuesday.

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.

Murdoch introduces paywall for The Australian

Rupert Murdoch's News Ltd said Tuesday it would start charging for online access to national broadsheet The Australian from October, although some content will remain free.

News Corp. net profit down 21 percent (Update)

The lack of a new blockbuster hit like 2009's "Avatar" helped push third-quarter profits down 21 percent, media and entertainment giant News Corporation said Wednesday.

James Murdoch promoted at News Corp.

James Murdoch, the youngest son of Rupert Murdoch, was named News Corp.'s deputy chief operating officer on Wednesday in a move that puts him a step closer to potentially taking over from his father.

Murdoch's News Corp. buying daughter's company

News Corp. announced Monday it has agreed to buy Shine Group, a television production company owned by News Corp. chief executive Rupert Murdoch's daughter Elisabeth, for £415 million ($672 million).

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