Media giant News Corporation should be compensated by artificial intelligence engines for using its content, says company CEO Robert Thomson. In an investor call on May 12, Thomson said AI would have a profound effect on the media business. “Generative AI may pose a challenge to our intellectual property and to the future of journalism,”…
News Corp Should Receive Revenue for Training AI Bots, Says CEO
May 12, 2023
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Turnbull Replaces Rudd in News Corp Crusade
March 20, 2023
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Former Labor Prime Minister Kevin Rudd has handed over the reins of a push for a parliamentary investigation into Rupert Murdoch’s News Corp. Going forward, ex-Prime Minister Malcolm Turnbull (2015-18) of the Liberal Party will co-chair the “Australians for a Murdoch Royal Commission” alongside Sharan Burrow, former general secretary of the International Trade Union Conference…
Rupert Murdoch Considers Combining Fox, News Corp.
Rupert Murdoch has started a process that could reunite his media empire, News Corp. and Fox Corp. disclosed on Friday, saying they would consider combining at his behest, nearly a decade after the companies split. Both have formed special committees to review proposals of a potential combination, they said. If a deal goes through, the…
China Suspected in Hack of Journalists at News Corp.
Digital intruders broke into News Corp. email accounts and compromised the data of an unspecified number of journalists, the company disclosed Friday. The media firm’s internet security adviser said the hack was likely aimed at gathering intelligence for Beijing’s benefit. News Corp., which publishes the Wall Street Journal, said the breach was discovered in late…
News Corp to Acquire the Base Chemicals Business for $295 Million Cash
News Corp agreed to acquire the Base Chemicals business for $295 million cash from S&P Global Inc. and IHS Markit Ltd. Base Chemicals will become part of Dow Jones’s Professional Information Business, alongside OPIS, the energy and renewables data and information business. The OPIS acquisition (and related assets), also from S&P Global and IHS Markit, was announced in…
Murdoch Accuses Facebook, Google of Censoring Conservative Voices
November 18, 2021
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Rupert Murdoch has accused tech giants Google and Facebook of silencing conservative voices on their platforms and has called for “significant reform” and transparency around digital advertising supply chains. “What we have seen in the past few weeks about the practices at Facebook and Google surely reinforces the need for significant reform,” the News Corp…
Piers Morgan to Present Global Show on Rupert Murdoch’s New Channel, TalkTV
Piers Morgan is set to work with Rupert Murdoch once again after signing a global deal with News Corp and FOX News Media, the company announced on Sept.16. In a statement, Piers said he was thrilled to be returning to News Corp, the place where he first launched his career over 30 years ago and where Murdoch also…
Turnbull Claims News Corp Is Australia’s Most Powerful Political Actor
April 13, 2021
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Former Australian Prime Minister Malcolm Turnbull has claimed News Corp’s role in Australian politics is too powerful, and the media giant must be held to account while speaking at the federal Senate inquiry into media diversity in Australia on April 12. Turnbull, who was recently dropped as the head of the New South Wales (NSW)…
Facebook Reaches Content Deal With News Corp
Facebook has reached a pay deal with legacy media corporation News Corp, three weeks after the Australian government passed its “world-first” media payment law. In a statement on Tuesday, News Corp said it had reached a multi-year deal with Facebook to provide news for payment from newspapers The Australian, The Daily Telegraph, Herald Sun, The…
Facebook VP Nick Clegg Defends Tech Giant’s Australian News Ban
February 26, 2021
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Facebook’s Vice President of Global Affairs has defended the tech giant’s Australian news ban, saying it was “legally necessary” to do so before impending media payment laws were legislated through the country’s Parliament. Clegg, who is a former deputy prime minister of the United Kingdom, wrote in a blog just hours after the news ban was…
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