Search Results for: rupert murdoch

How to Do Guilt-Free Business with Beijing

From SK-II’s problem in China and Japan’s international trade fight to rumors about Carrefour supporting free-Tibet activists, global companies are running into political problems inside China. From the Financial...

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DJ After A Piece Of Hexun -Sources

Word around Beijing’s CBD is that The Wall Street Journal and its publisher Dow Jones are in talks with about a deal to take a ten to twenty percent stake in China’s best-reputed financial news and information portal. As of last week a deal did not appear far off, two sources with ties to […]

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News Corp Chief Hits Back at China Kowtow Accusations – Aline van Duyn and Joshua Chaffin

Rupert Murdoch denies to the Financial Times accusations that he would interfere in the Wall Street Journal’s China coverage if his bid for the paper is successful: Rupert Murdoch, News Corp’s chief executive, yesterday defended himself against accusations that he had allowed political pressure from the Chinese government to influence his business decisions. Speaking to […]

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News Corp. reaches deal to bring MySpace to China – David Barboza

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,, to China. News Corp. and two venture capital firms agreed earlier this month to hire a former Microsoft executive to license the […]

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News Corp. in Early Talks with Chinese Blogs-Sources – Reuters

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 and, industry sources said on Sunday. On a visit to Beijing […]

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News Corp plans China MySpace – Aline van Duyn and Joshua Chaffin

From Financial Times: Rupert Murdoch said on Tuesday that his wife, Wendy Deng, was working with senior News Corp executives to help bring the company’s popular MySpace social networking site to China. “We have to make MySpace a very Chinese site,” Mr Murdoch said at a media conference organised by Goldman Sachs. “I have sent […]

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China Mobile parent paid HK$1.28 bln for Phoenix stake – MarketWatch

From MarketWatch: China Mobile Ltd. said Monday its parent, China Mobile Communications Corp., paid HK$1.28 billion to Rupert Murdoch‘s STAR Group Ltd. for a 19.9% stake in Hong Kong-listed Phoenix Satellite Television Holdings Ltd. (8002.HK). China Mobile, Phoenix,and STAR Group announced the deal late Thursday, but didn’t say then how much China Mobile paid for […]

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That’s China! – Mark Kitto

From Prospect Magazine (link): “I have good news,” said Mr Yuan of China Intercontinental Press. He removed his glasses and looked hard at a spot below my right shoulder. “My leaders have agreed, in principle, to create a joint venture with you.” It was early 2004 and we sat in a bare villa-style apartment, an […]

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