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News Corp. net profit down 21 percent (Update)

The lack of a new blockbuster hit like 2009's "Avatar" helped push third-quarter profits down 21 percent, media and entertainment giant News Corporation said Wednesday.

Internet Age overhaul of USA Today to cost jobs

USA Today on Friday announced a major restructuring that will trim 130 jobs at the national news publication as it reshapes itself to better fit Internet Age lifestyles.

UK Murdoch newspapers unveil pay-for websites

The Times and Sunday Times on Tuesday unveiled new-look websites as they prepare to become the first UK national newspapers to charge online readers for content.

The Times of London to charge for website

The Times of London and its sister paper The Sunday Times will charge readers to access the titles online from June, Rupert Murdoch's News International announced on Friday.

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