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Wednesday, 20 July 2011

Murdochs count the cost of hacking scandal

As the Murdochs faced questioning before the parliamentary committee, their business empire was counting the cost of the hacking scandal.

Rupert Murdoch's position as chairman of the media group has been questioned by some investors, but the value of the shares of both News Corporation in New York and satellite TV channel BSkyB in London rebounded from their plunge of previous days.


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