NEW YORK News Corp. chairman and CEO Rupert Murdoch said Monday that he won’t battle Microsoft for Yahoo! and reiterated his confidence about his conglomerate’s position in a possible U.S. recession, even though he said its TV stations are running about 5 percent behind its original targets.

WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in