LONDON (Reuters) – Rupert Murdoch on Thursday caved in to pressure from Britain’s parliament to answer questions over alleged crimes at one of his newspapers and denied that News Corp was drawing up plans to separate its newspaper holdings. Murdoch said News Corp had handled the crisis engulfing his media empire “extremely well in every way possible” making just “minor mistakes” and called reports he would split off his newspaper assets “pure rubbish.” Speaking to his Wall Street Journal newspaper, Murdoch said his son had acted “as fast as he could, the moment he could” to deal with the scandal. The Australian-born media mogul’s comments came as he faced investigations on both sides of the…
See the original post here:
Murdochs to face UK government inquiry, FBI to probe News Corp