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News Corp. quarterly net profit up 65%
News Corp. posted a sharp rise in quarterly net profit Wednesday as strong television and film growth offset declines in publishing and an $87 million charge related to the phone-hacking scandal in Britain.

Wed, 08 Feb 2012 15:31:24 -0800

News Corp. Settles More Phone-Hacking Suits, Delays U.K. Trial
News Corp.’s British newspaper unit settled at least 15 more lawsuits by victims of illegal voice- mail interceptions at its News of the World tabloid and delayed the first civil trial in the scandal by two weeks.

Thu, 09 Feb 2012 06:55:34 -0800

News Corp. Net Rises on TV Gains: Scandal Costs Hit $195 Million
News Corp., owner of Fox Broadcasting, reported a 65 percent increase in second-quarter profit, driven by higher fees from pay TV operators. The company also said a hacking scandal has cost $195 million.

Thu, 09 Feb 2012 04:55:34 -0800

BBC, Sky News and CNN Grapple With Twitter Rules
The BBC, Sky News and CNN are trying to figure out how to make Twitter play nicely with traditional newsrooms. Sky News and the BBC released new social media guidelines this week, while CNN has suspended an analyst for controversial tweets.

Wed, 08 Feb 2012 11:19:59 -0800

News Corp: Earnings Surge But Scandal Bill Hits $104 Million
News Corp surpassed analyst expectations in quarterly earnings announced today, but the numbers reflected two wildly divergent trends.

Wed, 08 Feb 2012 14:48:05 -0800