Hacking Scandal: Monday Morning Links

By Alex Weprin 

Good morning! Here are your Monday morning hacking scandal links.

The Wall Street Journal pushes back against critics in a scathing editorial defending News Corp., its parent company.

The NY TimesDavid Carr notes that News America, a U.S. division of News Corp. that specializes in in-store marketing and newspaper inserts, has paid out more than $650 million in settlements after accused of corporate espionage by a number of companies.

Bloomberg reports that the Murdoch family may struggle to maintain control of the company they run:

Independent directors of New York-based News Corp. have begun questioning the company’s response to the crisis and whether a leadership change is needed, said two people with direct knowledge of the situation who wouldn’t speak publicly.

Combined the Murdoch family owns approximately 19% of News Corp. shares, making them the largest shareholder bloc. Nonetheless, they are far away from having a controlling stake in the company.

The news section of the Wall Street Journal examines the efforts News Corp. is making to control the damage from the scandal in the U.S.

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