As CDT posted earlier, a filing with the U.S. Securities and Exchange Commission from the China Investment Corp details $9.63 billion of equity holdings in U.S. listed companies and funds. Reuters reports on the numbers: Among...
Slate Magazine writes about the recent book by Rupert Murdoch’s former right-hand man in China, Rupert’s Adventures in China: How Murdoch Lost a Fortune and Found a Wife, which has recently been published in Britain...
From BBC News: The chairman of the Bank of East Asia has been told by US watchdogs he may face civil action for alleged breaches of securities laws, the bank says. The Securities and Exchange Commission (SEC) has contacted David Li amid a probe into potential insider trading of shares in Dow Jones. The SEC […]
Rupert Murdoch has at long last found a way back into the China market, with MySpace: Rupert Murdoch’s News Corp. has signed a deal to bring its popular online social networking site, MySpace.com, to China. News Corp. and two venture capital firms agreed earlier this month to hire a former Microsoft executive to license the […]
Reuters reports on News Corp.’s latest ambition in China: Rupert Murdoch’s News Corp., which is looking for a local partner as it aims to launch its popular MySpace Internet social network in China, is in early talks with prominent local blog companies Bokee.com and BlogCN.com, industry sources said on Sunday. On a visit to Beijing […]
From Danwei: Now that Rupert Murdoch has proven that Western media companies can’t get ahead in China through flattery, nepotism and the back door, we at Danwei will have to have to find a new model for our business. In case you didn’t know, Rupert is the world’s last true media mogul – his company, […]
From Reuters HongKong: News Corp. will sell a 19.9 percent stake in a China-focused broadcaster to the state parent of China Mobile Ltd., the companies said in a joint statement on Thursday. The stake has a market value of US$185 million, based on the last shares price close. After the transaction, News Corp’s STAR Group […]
From CBC: In a new attempt to reassert control over popular culture, China has barred new foreign television channels and plans to step up censorship of imported programs. China has greatly liberalized media markets over the past three years and satellite broadcasters such as News Corp. and Viacom have moved in. But that’s prompted concern […]
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