It has been informed by the European Commission that it has issued an investigation over the e-book publishing of Apple Inc and units of News Corp, CBS Corp, Pearson Plc and Lagardere SCA.

It has been mentioned in a statement by a top five investor, that the News Corporation should be entitled to pay a sum of $18 billion for the attainment of the rights of Sky.

News has surfaced that somebody has seen iPad 2 today morning at The Daily launch in New York City. As such there is no physical evidence, but it is believed to be of same look as the one, which has been hovering around as rumor for six months.

News Corp. has now made it official that they now plan to MySpace. COO Chase Carey has asserted that he thinks that it was perhaps the right time to sell it and give this social network a new owner.

Combining with other media companies for obtaining the benefits of a rebounding advertising market, the News Corporation said Wednesday that it had more than two folded its net income in the quarter that ended Dec. 31.

The Solomon R. Guggenheim Museum in New York Wednesday witnessed the official unveiling of News Corp's new tablets-specific newspaper - `The Daily' - by the company's chairman Rupert Murdoch. The launch event of `The Daily' was attended by reporters, media executives, employees and advertising partners

With News Corp and Apple still working out some kinks in the iPad's subscription platform for a dedicated newspaper, the launch of the media conglomerate's iPad-specific publication - `The Daily' - has been delayed, according to the information shared by unnamed `inside' sources familiar with the proceedings.

At a companywide meeting on Wednesday, MySpace CEO Mike Jones announced that the social network's parent-company, News Corp, was exploring strategic options - including a spin-off or a sale - for the site.

An opinion poll has revealed that the public is demanding an independent inquiry into the proposed takeover of BSkyB by media firm called News Corporation, run by tycoon Rupert Murdoch.

According to reports, Apple and News Corp are likely to launch a new ‘tablets-only’ newspaper, the Daily, on December 9 – an event which might also witness the introduction of the much-awaited subscriptions for the iPad.