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Rupert Murdoch Takes Dow Jones in $5.6 Billion Takeover Deal

The latest company to fall under the control of Rupert Murdoch is Dow Jones & Co or more commonly know as Dow Jones.

Rupert Murdoch owns News Corporation, the massive media group which owns media companies such as Read more

BSkyB Chairman Rupert Murdoch to step down

Rupert Murdoch who it the chairman of BSkyB is to step-down and his son James who has been the Chief Executive Officer since November 2003 is to take over and become Non-Executive Read more

Rupert Murdoch’s Take on HD DVD vs Blu-ray format war

Rupert Murdoch is a pretty powerful man and when it comes to the media, he attracts them in everyway.

Now in front of a group of Goldman Sachs Wall Street business people, Rupert Murdoch has voiced strong endorsements towards the Blu-ray format Read more

John Edwards Criticizes Hilary Clinton Over Murdoch News Corp Donations

Hilary Clinton has been criticized by John Edwards for taking donations from Rupert Murdoch’s News Corporation.

Apparently, Hilary Clinton accepted over Read more

Rupert Murdoch not happy as Facebook overtakes MySpace

Just a year and a half ago MySpace was the biggest social network site on the net, and Rupert Murdoch was a happy guy as he purchased the site 3-years ago for $580m. Now Murdoch’s smile has been wiped from his face as it seems that Facebook have now overtaken them for the first time.

In May Facebook had 123m unique visitors; this is an increase of 162% to May’s figures of last year. These figures were provided by Comscore. MySpace only managed to bring in 114.6m uniques, there visitors are only growing by a 5% since May 2007.

This is very significant for Facebook as this is the first time that they have overtaken MySpace, in April both the social network sites were neck and neck. Murdoch has said “Facebook has done a great job of being flavour of the month the last six months of last year.” He also believes that Facebook is not a real social network, but “just a directory”.

Just a few years back MySpace was the biggest thing around, but when Facbook came on the scene things started to go a little wrong for MySpace. Many people preferred how much simpler it was to work Facebook; many believed that MySpace was too complicated to work and was a bit on the cluttered side. Founder of MySpace, Tom, has realized this and has been working hard on a new interface and is very happy with the results.

Tom, now believes that the new and improved MySpace will be easier to use, and hopes to become the most popular social network site once again.

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Murdoch’s News Corp Will Not Pull Videos From iTunes Like NBC Did

The massive media giant controlled by tycoon Rupert Murdoch, News Corp, will not pull its videos from iTunes as NBC Universal has done.

However, News Corp did say that they expect Apple to Read more

John Singleton Signs On To Direct A-Team Movie

John Singleton, director of Shaft, has signed on to direct the big screen adaptation of the A-Team. That’s right, BA, Face, Murdoch and Hannibal will finally be coming to the silver screen at last! There have been rumours about this film for year but it’s only now that we’re seeing a big step forward into making the film a reality. Read more

China Myspace Users: Please Move Accounts To MySpace.cn

I guess it was only a matter of time before the largest social networking website in the world, broke into the largest potential market in the world.

MySpace has now opened up a Chinese frontier, with Read more

News Corp says relations are prickly with Apple Due to iTunes Dispute

The CEO and President of the media giant News Corp has said that relations with Apple are “prickly”  due to a dispute over Read more