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News Corp reaches a $139m (£91m) settlement with shareholders over complaints filed in relation to the UK phone hacking scandal.

News Corp. will change its name to 21st Century Fox after its newspaper and book-publishing assets are spun off.

Former News Corp president Peter Chernin bid around $500 million for Hulu, the online video streaming service he helped create in 2007, according to two sources with knowledge of Hulu's sale process.

Rupert Murdoch's News Corp. is set to unveil a tablet computer for public schools on Monday at the SXSWedu education technology conference in Austin, Texas, Bloomberg reports. The $299, 10-inch tablet is the brainchild of Amplify, News Corp.'s education division, which is fronted by former New York City schools chancellor (and current News Corp. executive vice president) Joel Klein. A 2-year subscription will cost $99 per year. A 4G model will also be available for $349, for students without Wi-Fi at home, at an annual cost of $179. The device will come loaded with curriculum materials and apps, including a graphing calculator, the Encyclopedia Britannica, and Merriam-Webster's dictionary. Some content will be provided by other News Corp. units such as HarperCollins.

Disney and News Corp. have begun discussions about resolving uncertainty over online video site Hulu, with one possible outcome being that one or the other sells their stake.

Rupert Murdoch tweets that the Wall Street Journal newspaper is still being attacked by Chinese hackers.

Rupert Murdoch's News Corp. says the news and publishing unit it plans to split off next year posted a $2 billion net loss in the fiscal year through June, mainly due to one-time charges and restructuring costs in its newspaper division.

It was too expensive. It lacked editorial focus. And for a digital publication, it was strangely cut off from the Internet. That's the obituary being written in real time through posts, tweets and online chats about The Daily, the first-of-its-kind iPad newspaper that is being shut down this month.

Rupert Murdoch protégé Rebekah Brooks was charged Tuesday with conspiracy over alleged illegal payments to a Ministry of Defence employee, London's Metropolitan Police said Tuesday.

Few seem to be enjoying the management meltdown at the venerable BBC more than Rupert Murdoch, the News Corp. chief whose rival British newspapers have been caught up in their own lengthy, embarrassing and expensive phone-hacking scandal....