After a strong week in gains, Friday's jobs report, which put the June unemployment rate at 9.2 percent, pulled stocks down
The News of the World phone hacking scandal has already destroyed the newspaper and could cost 200 jobs. Now, an ex-editor and senior aide to Prime Minister David Cameron is under arrest.
Rupert Murdoch's News of the World, the UK's biggest selling paper, was closed today in a gambit to tamp down spiraling public anger at the tabloid's practices.
Rupert Murdoch's News of the World is being investigated for using private investigators to eavesdrop on the phones of a missing 13-year old and families grieving over the 7/7 terrorist attack in London.
MySpace, once the king of the social media heap, has been sold for a price unthinkable just a few years ago.
News Corp will dump MySpace, according to reports. Can MySpace recover after the sale?
MySpace has been troubled ever since the rise of Facebook. News Corp bought MySpace expecting revenues of $1 billion per year, but is now looking to sell it for less than $100 million.
Mark Zuckerberg, Eric Schmidt, and other digital executives met in Paris for the 'e-G8' to discuss regulation of the Internet.
Dow falls 139 points and S&P drops 0.9 percent. Investors wait for direction from Friday's employment numbers.