https://www.scmp.com/rss/308094/feed News Corp, whose assets include a stake in Britain’s BSkyB, The Times, The Wall Street Journal, The Sun and other newspapers across the globe, was restructured in 2013, when Rupert Murdoch spun off the more profitable entertainment business. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Associated Press Associated Press US President Donald Trump said prominent billionaires – including media mogul Rupert Murdoch and tech founder Michael Dell – could be part of a deal in which the United States will take control of US operations of TikTok. Trump name-dropped the 94-year-old Murdoch and his son Lachlan Murdoch, the head of Fox News and News Corp, as part of a group of possible participants in a deal during an interview recorded on Friday and broadcast on Sunday on Fox News. “I think they’re going to be in the... https://www.scmp.com/news/world/united-states-canada/article/3326320/fox-news-rupert-murdoch-tech-ceo-michael-dell-could-take-part-tiktok-deal-says-trump?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3326320/fox-news-rupert-murdoch-tech-ceo-michael-dell-could-take-part-tiktok-deal-says-trump?utm_source=rss_feed Sun, 21 Sep 2025 19:36:09 +0000 Reuters Reuters The Murdoch family has reached a deal that will see Rupert Murdoch’s politically conservative eldest son Lachlan Murdoch cement control of the family media empire that includes Fox News and the Wall Street Journal. The agreement, announced on Monday, ends a family brawl over who would control one of the most high-profile global media groups and puts to rest questions of succession within the Murdoch family after its patriarch’s death. The drama was considered to be one of the inspirations for... https://www.scmp.com/news/world/united-states-canada/article/3324815/murdoch-family-reach-deal-succession-lachlan-gets-media-empire?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3324815/murdoch-family-reach-deal-succession-lachlan-gets-media-empire?utm_source=rss_feed Tue, 09 Sep 2025 01:59:11 +0000 Agence France-Presse Agence France-Presse A lewd birthday letter that Donald Trump allegedly sent to Jeffrey Epstein in 2003 - which the US president claimed did not exist - was published on Monday by a congressional panel investigating the late financier’s sex crimes case. The letter, a typewritten message inserted into the sketched outline of a nude woman, was one of many notes sent by Epstein’s friends that his associate Ghislaine Maxwell, now imprisoned, had compiled into a book for his fiftieth birthday. The Wall Street Journal had... https://www.scmp.com/news/world/united-states-canada/article/3324805/democrats-release-trumps-alleged-birthday-note-epstein-featuring-naked-drawing?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3324805/democrats-release-trumps-alleged-birthday-note-epstein-featuring-naked-drawing?utm_source=rss_feed Mon, 08 Sep 2025 20:03:50 +0000 Reuters Reuters Donald Trump on Monday asked a US court to order a swift deposition for billionaire Rupert Murdoch in the US president’s defamation lawsuit against the Wall Street Journal over its July 17 article asserting Trump’s name was on a 2003 birthday greeting for the late financier and sex offender Jeffrey Epstein. The Republican president on July 18 sued the Journal, its owners, including Murdoch, and the reporters who wrote the story, which said Trump’s letter included a sexually suggestive drawing... https://www.scmp.com/news/world/united-states-canada/article/3319907/trump-asks-swift-deposition-rupert-murdoch-epstein-defamation-case?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3319907/trump-asks-swift-deposition-rupert-murdoch-epstein-defamation-case?utm_source=rss_feed Mon, 28 Jul 2025 19:55:15 +0000 Reuters Reuters US President Donald Trump sued media magnate Rupert Murdoch and The Wall Street Journal on Friday for at least US$10 billion over the publication of a bombshell report on his friendship with the infamous alleged sex trafficker of underage girls, Jeffrey Epstein. The lawsuit filed in Miami federal court names Murdoch, Dow Jones, News Corp and its CEO Robert Thomson, and two Journal reporters as defendants, saying they defamed Trump and caused him to suffer “overwhelming” financial and... https://www.scmp.com/news/world/united-states-canada/article/3318830/trump-sues-dow-jones-news-corp-rupert-murdoch-wsj-reporters-after-epstein-report?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3318830/trump-sues-dow-jones-news-corp-rupert-murdoch-wsj-reporters-after-epstein-report?utm_source=rss_feed Fri, 18 Jul 2025 21:29:32 +0000 Bloomberg Bloomberg US President Donald Trump authorised the Justice Department to seek the release of grand jury testimony from the prosecution of Jeffrey Epstein, bowing to mounting pressure from his supporters for more transparency about the late, disgraced financier. Trump’s move on Thursday came after the Wall Street Journal published a story alleging that he once sent a suggestive birthday letter to Epstein. The president said the letter was “FAKE” in a social media post. He threatened to sue the paper, its... https://www.scmp.com/news/world/united-states-canada/article/3318699/trump-seeks-release-epstein-grand-jury-documents-blasts-birthday-letter-story?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3318699/trump-seeks-release-epstein-grand-jury-documents-blasts-birthday-letter-story?utm_source=rss_feed Fri, 18 Jul 2025 06:08:24 +0000 Reuters Reuters The Washington Post is investigating a cyberattack on the email accounts of some of its journalists, a source familiar with the matter told Reuters on Sunday. There has been a possible unauthorised targeted intrusion affecting a few journalists, the source said. The Wall Street Journal, which first reported the breach, said it was potentially the work of a foreign government. According to the report, staffers at The Washington Post were told the intrusions compromised journalists’ Microsoft... https://www.scmp.com/news/world/united-states-canada/article/3314537/washington-posts-china-reporters-among-journalists-targeted-cyberattack?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3314537/washington-posts-china-reporters-among-journalists-targeted-cyberattack?utm_source=rss_feed Sun, 15 Jun 2025 20:34:49 +0000 Rupert Murdoch’s audacious bid to cement his eldest son’s control over one of the world’s most influential media empires has failed, a US report said Monday. The first family of news – commanding a stable that includes Fox News, The Wall Street Journal and a host of British and Australian media – had been the inspiration for the hit television series Succession. Like the fictitious version, this real-life fight pitted the children of a powerful patriarch against each other for who should be the... https://www.scmp.com/news/world/united-states-canada/article/3290076/rupert-murdoch-fails-bid-change-family-trust-new-york-times-reports?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3290076/rupert-murdoch-fails-bid-change-family-trust-new-york-times-reports?utm_source=rss_feed Mon, 09 Dec 2024 23:13:52 +0000 PwC will become the largest customer and first reseller of OpenAI’s enterprise product as part of a new deal, the accounting giant said on Wednesday, as businesses rush to adopt and capitalise on generative artificial intelligence (genAI). PwC will roll out ChatGPT Enterprise, a version of the Microsoft-backed AI start-up’s chatbot aimed at large companies. The firm will provide ChatGPT Enterprise to its 75,000 US employees and 26,000 UK employees, according to the Wall Street Journal which... https://www.scmp.com/tech/tech-trends/article/3264644/pwc-become-openais-largest-customer-custom-gpts-help-staff-review-tax-returns-generate-reports?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3264644/pwc-become-openais-largest-customer-custom-gpts-help-staff-review-tax-returns-generate-reports?utm_source=rss_feed Thu, 30 May 2024 03:30:15 +0000 New York is known for its fast-paced, glamorous life, but all that glitz comes with a rather hefty price tag. After all, this is a major financial capital and one of the world’s most expensive cities. It also boasts a rep as the kind of place where hard work, some business savvy and a little luck can go a long way – which is why so many people are driven to move here and chase their dreams. So it’s no surprise that the Big Apple is home to the largest concentration of billionaires – 110 to be... https://www.scmp.com/magazines/style/entertainment/article/3261199/5-new-yorks-richest-billionaires-net-worths-ranked-michael-bloomberg-who-once-ran-president-julia?utm_source=rss_feed https://www.scmp.com/magazines/style/entertainment/article/3261199/5-new-yorks-richest-billionaires-net-worths-ranked-michael-bloomberg-who-once-ran-president-julia?utm_source=rss_feed Thu, 02 May 2024 21:00:18 +0000 Magnate Rupert Murdoch’s surprise announcement Thursday that he’s stepping down as leader of his two companies leaves his son Lachlan firmly in line of succession at Fox and the rest of the media empire. The 92-year-old Australian billionaire’s creation of Fox News Channel has made him an enduring force in American politics. He inherited a newspaper in Adelaide, Australia, from his father in 1952 and eventually built a news and entertainment enterprise dominant in the United States and... https://www.scmp.com/news/world/united-states-canada/article/3235425/real-life-succession-rupert-murdoch-exits-fox-and-hands-media-empire-son-lachlan?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3235425/real-life-succession-rupert-murdoch-exits-fox-and-hands-media-empire-son-lachlan?utm_source=rss_feed Fri, 22 Sep 2023 06:03:01 +0000 Rupert Murdoch, the 92-year-old media magnate who created Fox News, is stepping down as leader of both Fox’s parent company and his News Corp media holdings. Fox said on Thursday that Murdoch would become chairman emeritus of both companies. His son, Lachlan, will become News Corp chairman and continue as chief executive officer of Fox Corp. Lachlan Murdoch said that “we are grateful that he will serve as chairman emeritus and know he will continue to provide valued counsel to both... https://www.scmp.com/news/world/united-states-canada/article/3235378/media-mogul-rupert-murdoch-steps-down-chairman-fox-news-corp?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3235378/media-mogul-rupert-murdoch-steps-down-chairman-fox-news-corp?utm_source=rss_feed Thu, 21 Sep 2023 13:57:49 +0000 Our hopes for peace and prosperity are being dashed daily. On the anniversary of the Ukraine invasion on February 24, war seems closer to our shores than before. Human beings have long engaged in war. However, deciding whether to go to war or not comes down to information. Without information, we could still be blissfully unaware of the seriousness of war. Those in parts of the world cut off from information networks would not be able to join the debate on the Ukraine war, even though they are... https://www.scmp.com/comment/opinion/world/article/3211271/western-media-narrative-war-ukraine-preventing-resolution?utm_source=rss_feed https://www.scmp.com/comment/opinion/world/article/3211271/western-media-narrative-war-ukraine-preventing-resolution?utm_source=rss_feed Fri, 24 Feb 2023 18:13:43 +0000 The powerful media empire of conservative billionaire Rupert Murdoch appeared to turn its back on Donald Trump, labelling the former US president a “loser” who shows “increasingly poor judgment” after the midterm elections. Just days before he is expected to announce his 2024 White House candidacy, the Wall Street Journal, the flagship of Murdoch’s News Corp, declared in an editorial that “Trump Is the Republican Party’s Biggest Loser”, pointing to the party’s disappointing performance in... https://www.scmp.com/news/world/united-states-canada/article/3199221/powerful-murdoch-media-dumps-loser-donald-trump-ron-desantis-shines?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3199221/powerful-murdoch-media-dumps-loser-donald-trump-ron-desantis-shines?utm_source=rss_feed Fri, 11 Nov 2022 03:51:12 +0000 Control of the US Congress hung in the balance on Thursday as ballot-counting dragged on and attention shifted to the next big election – the 2024 presidential race – and whether Americans could see a Joe Biden-Donald Trump rematch. With 209 seats so far, Republicans appear poised to secure a slim majority in the 435-seat House of Representatives, but control of the Senate may come down to an early December run-off in the southern state of Georgia. Biden celebrated on Thursday what he said was... https://www.scmp.com/news/world/united-states-canada/article/3199198/us-midterm-count-drags-focus-shifts-2024-white-house-race?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3199198/us-midterm-count-drags-focus-shifts-2024-white-house-race?utm_source=rss_feed Thu, 10 Nov 2022 23:02:36 +0000 This story is published in a content partnership with POLITICO. It was originally reported by Tina Nguyen on politico.com on November 14, 2020. MAGA nation may be turning its back on Fox News – but it doesn’t know where to go. Parler, the “free speech”-friendly version of Twitter, saw a massive explosion of growth right after the election – only to be hit with a viral claim that the social media platform was owned by George Soros. QAnon supporters revolted against Newsmax, a conservative cable... https://www.scmp.com/news/world/united-states-canada/article/3109887/after-assailing-fox-news-calling-arizona-bidens?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3109887/after-assailing-fox-news-calling-arizona-bidens?utm_source=rss_feed Sat, 14 Nov 2020 15:40:10 +0000 Fox News and the New York Post, magnate Rupert Murdoch’s main media outlets, have started distancing themselves from Donald Trump as the US election vote counting drama drags on – a first since the president came to power and a potential turning point. On Thursday night in Phoenix, Arizona, supporters of Trump bluntly shouted “Fox News Sucks” in reference to the news outfit considered fiercely loyal to the president for the past five years. Fox News infuriated Trump and his people on election... https://www.scmp.com/news/world/united-states-canada/article/3108916/us-election-political-winds-change-rupert-murdoch?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3108916/us-election-political-winds-change-rupert-murdoch?utm_source=rss_feed Sat, 07 Nov 2020 13:26:23 +0000 The Murdoch family's nearly US$17 billion fortune comes from a media empire that dates back to the 1950s. Rupert Murdoch, the 89-year-old patriarch of the family, inherited a chain of Australian newspapers from his father, who was a war reporter-turned-publisher, in 1952. At the time, Murdoch was 22 years old and had just graduated from Oxford University. He included scandalous stories in his papers which helped with sales. The early success allowed him to expand quickly. He started Australia's... https://www.scmp.com/magazines/style/celebrity/article/3097429/fox-news-sun-who-will-inherit-rupert-murdochs-us17?utm_source=rss_feed https://www.scmp.com/magazines/style/celebrity/article/3097429/fox-news-sun-who-will-inherit-rupert-murdochs-us17?utm_source=rss_feed Sun, 16 Aug 2020 08:00:08 +0000 News Corp founder Rupert Murdoch’s son James is resigning from the family-controlled publisher’s board over content appearing in its newspapers, which include The Wall Street Journal and The New York Post. “My resignation is due to disagreements over certain editorial content published by the Company’s news outlets and certain other strategic decisions,” James Murdoch wrote Friday in a brief letter to News Corp’s board that the company made public. The resignation was effective Friday. James is... https://www.scmp.com/news/world/united-states-canada/article/3095631/james-murdoch-resigns-news-publisher-news-corps?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3095631/james-murdoch-resigns-news-publisher-news-corps?utm_source=rss_feed Fri, 31 Jul 2020 23:31:41 +0000 Australia’s government has ordered Facebook and Alphabet’s Google to share revenue generated from news articles, adding to growing global regulatory and political pushback against the digital giants. The two companies will have to negotiate with traditional media on remuneration in good faith, Treasurer Josh Frydenberg said Friday. If no agreement is reached, there will be a binding arbitration process and penalties for breaching the code of up to A$10 million (US$7 million) or 10 per cent of... https://www.scmp.com/business/companies/article/3095507/no-more-free-rides-australia-orders-facebook-google-share?utm_source=rss_feed https://www.scmp.com/business/companies/article/3095507/no-more-free-rides-australia-orders-facebook-google-share?utm_source=rss_feed Fri, 31 Jul 2020 08:11:04 +0000 Right-wing media mogul Rupert Murdoch is widely described as one of the architects of the rise of Donald Trump, Brexit in the United Kingdom and the ousting of Australian prime minister Malcolm Turnbull last year. But Turnbull believes that the influence of news baron Murdoch – who owns pro-Trump broadcaster Fox News in the United States, pro-Brexit newspaper The Sun in the UK and highly influential newspaper publisher News Corp Australia – is on the wane despite his role in the “coup” from the... https://www.scmp.com/economy/china-economy/article/3003845/donald-trumps-twitter-use-liberating-rupert-murdoch-has-less?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3003845/donald-trumps-twitter-use-liberating-rupert-murdoch-has-less?utm_source=rss_feed Fri, 29 Mar 2019 21:00:05 +0000 Thirty-four years ago, Rupert Murdoch showed up in Hollywood with US$250 million, buying a stake in the 20th Century Fox film studio – even though he had little interest in making movies. The scrappy Australian newsman, then known for his clamorous tabloids, was viewed with suspicion. Sceptics assumed he was a corporate raider intent on stripping value from the studio. Instead, Murdoch rescued a threadbare operation from financial ruin and turned it into the centrepiece of a growing empire that... https://www.scmp.com/news/world/united-states-canada/article/3002086/rupert-murdoch-begins-his-hollywood-goodbye?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3002086/rupert-murdoch-begins-his-hollywood-goodbye?utm_source=rss_feed Sun, 17 Mar 2019 21:08:04 +0000 US private equity firm TPG Capital will pay HK$1.66 billion (US$213.73 million) for 21st Century Fox-controlled Star Entertainment’s remaining stake in a Chinese satellite television operator. The move is the next step of Rupert Murdoch’s slow exit from Chinese media, following News Corp’s sale of controlling stakes in three mainland television channels to domestic private equity funds in 2010. In a filing to the Hong Kong Stock Exchange late on Friday, Phoenix Satellite Television said TPG... https://www.scmp.com/business/companies/article/1335278/tpg-pays-hk166b-murdoch-unit-stars-phoenix-stake?utm_source=rss_feed https://www.scmp.com/business/companies/article/1335278/tpg-pays-hk166b-murdoch-unit-stars-phoenix-stake?utm_source=rss_feed Sat, 19 Oct 2013 09:32:47 +0000 News Corp's Australia chief, Kim Williams, resigned from the company as New York Post editor-in-chief Col Allan reviews its newspapers in the country amid pre-election clashes with Prime Minister Kevin Rudd. Williams, a near-20 year veteran of the company, would be replaced by Julian Clarke, the company headed by Rupert Murdoch said in a regulatory statement yesterday. Clarke retired in 2007 as chairman of the Herald and Weekly Times, a News Corp unit that publishes the country's biggest-selling... https://www.scmp.com/business/companies/article/1295694/news-corp-australian-chief-quits-amid-review?utm_source=rss_feed https://www.scmp.com/business/companies/article/1295694/news-corp-australian-chief-quits-amid-review?utm_source=rss_feed Fri, 09 Aug 2013 16:00:00 +0000 News Corp shares slipped when the company began trading separately from the 21st Century Fox entertainment operation, as investors gave a tepid reception to the slower-growing publishing business. The new News Corp, which includes publishing assets, such as The Wall Street Journal and HarperCollins, and an education division, gave up its earlier gains on Monday, and its shares fell 2 per cent to US$14.95. It has a market value of about US$9 billion. That compares with British education publisher... https://www.scmp.com/business/companies/article/1273743/news-corp-gets-tepid-response-investors-after-split?utm_source=rss_feed https://www.scmp.com/business/companies/article/1273743/news-corp-gets-tepid-response-investors-after-split?utm_source=rss_feed Tue, 02 Jul 2013 03:44:39 +0000