News Corp

Malcolm Turnbull says Scott Morrison is "determined not to suffer the same fate I did from the right of the Liberal Party in the Murdoch press", as he unleashes on News Corp's "considerable" influence on Australian politics.

A mayor who also represents Queensland's local councils backs the former PM's petition for a royal commission into Australia's media that has already garnered 500,000 signatures.

Malcolm Turnbull on Q+A: 'I mean, it is so horrifically biased and such propaganda that Rupert's own son James can't stomach it.' Photograph: ABC TV

While tendering the resignation, Murdoch also cited differences over certain strategic decisions of the company

He resigns from the influential media company's board, citing "disagreements over editorial content".

Rupert Murdoch's News Corp will need to cut jobs in its British newspaper and radio operations as part of a business review aimed at reducing costs, News UK Chief Executive Rebekah Brooks said in a letter to staff on Wednesday.

News Corp Executive Chairman Rupert Murdoch is forgoing his cash bonus for the year after the media company posted a $1 billion quarterly loss due to a write-down in the value of its Australian pay TV unit and the impact of the COVID-19 pandemic on its businesses.

News Corp Executive Chairman Rupert Murdoch will forgo his cash bonus for the current fiscal year due to the impact of COVID-19 pandemic on business, the company said on Wednesday.

News Corp said on Monday it had appointed Almar Latour as Chief Executive Officer of Dow Jones.

News Corp said on Monday that its newspaper advertising revenue would take a hit from economic disruptions caused by the spread of the coronavirus pandemic.

Mr. Murdoch, now divorced from the day-to-day operations of News Corp, plans to announce investments in sustainable packaging and a venture organized by BlackRock.

James Murdoch, the son of the Australian publishing baron, has launched a rare public attack on his father's news empire for downplaying the impact of climate change despite the severe bushfires raging across the country.

Marketing firm Tremor International Ltd said on Monday it has agreed to buy video advertising firm Unruly from News Corp, looking to bolster video services by tapping into the Rupert Murdoch-owned firm's vast network of clients.

Viacom CTO David Kline, who will be exiting the company when it completes its merger with CBS, will be CTO of News Corp.

Andrew Bolt has been a longtime supporter of George Pell and continues to defend him despite the cardinal's conviction for child sexual abuse. Composite: Yaya Stempler/AFP/Getty

Wall Street Journal-owner News Corp said on Tuesday it was evaluating options for its News America Marketing (NAM) business, including a potential sale.

The Australian arm of Rupert Murdoch's News Corp called for an enforced break-up of Alphabet Inc's Google Inc, acknowledging the measure would involve global coordination but calling it necessary to preserve advertising and the news media.