News International. The Saga Continues...

[Foucaulf]

News Corp has withdrawn its bid for full control of BSkyB.

Congratulations.

It also seems that an investigation in the United States is gaining steam. Surely American senators want Murdoch out as much as British politicians do, and this is going to be a simmering issue for quite some time.

[Foucaulf]

Between now and the hearings, some intermission entertainment:

Lulzsec hacks the Sun's frontpage, redirecting traffic to fake article.

News Corporation's US listing drops 4 percent today, 17.4 percent from its high on July 5.

[Foucaulf]

His wife rushing in for a smack was great.

I love Rupert Murdoch. He makes such a great villain.

What a man.

And this is why the committee failed. The questioning ran out of steam very quickly, and after Watson's questioning I'm sure many people dropped out. Everyone will be focusing on the pieing while Rebecca Brooks take the stands.

Such theatre!

[Foucaulf]

In the Grauniad, a Brit resigns himself to American coverage and complains about it.

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That article is basic, but the part about the Chinese media's reactions interested me. A quick search yields this article aggregating some Chinese views:

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