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UK tabloid's ex-editor admits approving police payment

Former News of the World editor Andy Coulson admitted in court on Tuesday to approving a payment to a royal policeman for information, despite warnings it could land him in jail. The 46-year-old, who later became Prime Minister David Cameron's communications chief, said he simply "rubber-stamped" the request by the royal editor of the Rupert Murdoch-owned tabloid. Giving evidence in his trial on charges of paying public officials and phone hacking, Coulson also repeatedly denied that he knew that journalists were illegally accessing celebrities' phones.

UK PM's former media chief tells court he heard hacked messages

By Michael Holden LONDON (Reuters) - Andy Coulson, the former media chief to British Prime Minister David Cameron, told a London court on Wednesday he had listened to a recording of hacked voicemail messages left by the country's then interior minister as far back as 2004. Coulson, who was editing Rupert Murdoch's now defunct News of the World tabloid at the time, is on trial for conspiring to hack into voicemail messages in a case that has shaken the media tycoon's empire and Britain's political elite.

UK tabloid ex-editor says only vaguely knew of phone-hacking

Former News of the World editor Andy Coulson told Britain's phone-hacking trial on Tuesday he was only vaguely aware of the practice during his time at the Murdoch tabloid. The defendant said he was never party to voicemail interception or in agreement with it. Coulson also said that as deputy editor in 2002, he did not know the voicemail of missing schoolgirl Milly Dowler -- later found murdered -- had been accessed.

Coulson tells UK hacking trial Brooks fling was 'wrong'

Andy Coulson admitted his affair with fellow Murdoch newspaper editor Rebekah Brooks was "wrong", as he gave evidence for the first time Monday in Britain's long-running phone-hacking trial. The former editor of the now-defunct News of the World (NotW), who became Prime Minister David Cameron's communications chief, finally entered the witness box at the Old Bailey court in London, more than five months into the case. The 46-year-old, married father-of-three acknowledged the "pain" that the on-off relationship with co-defendant Brooks had caused his wife.

Coulson tells UK hacking trial Brooks fling was 'wrong'

Andy Coulson admitted his affair with fellow Murdoch newspaper editor Rebekah Brooks was wrong, as he gave evidence for the first time Monday in Britain's long-running phone-hacking trial. The former editor of the now-defunct News of the World (NotW), who became Prime Minister David Cameron's communications chief, finally entered the witness box at the Old Bailey court in London, more than five months into the case. The 46-year-old, married father-of-three acknowledged the "pain" that the on-off relationship with co-defendant Brooks had caused his wife.

Rupert Murdoch can see all-digital N.Y. Post in 10 years: report

(Reuters) - Media mogul Rupert Murdoch can envision his tabloid newspaper the New York Post as an all-digital publication in 10 years, he said during an interview with Fortune magazine published on Thursday. Murdoch, the chairman of News Corp and 21st Century Fox, acknowledged that the paper lost $40 million in 2012, hit by declines in advertising revenue. "We're looking at various plans for the Post. We are working very hard on the digital edition," he said.

Vice Media targets more mainstream TV deals after Fremantle tie-up

LONDON (Reuters) - Vice Media, the New York-based group whose edgy reportage has proved a hit with young people, plans to sell more content to mainstream TV groups after signing such a deal with "American Idol" producer Fremantle Media, it said on Wednesday. Company founder and boss Shane Smith said its new Munchies online food channel, launched by Fremantle and Vice at the MIPTV television festival in Cannes, France, was typical of the kind of deals it was looking to do to get wider distribution.

Murdoch sets up sons to take over media empire

By Kate Holton and Jennifer Saba LONDON/NEW YORK (Reuters) - Rupert Murdoch has returned eldest son Lachlan to the leadership of his media empire and promoted younger son James, paving the way for the 83-year-old tycoon to pass the reins to the family's next generation.

Business Highlights

___ Visionary or looney? Zuckerberg on spending spree NEW YORK (AP) — Facebook's two biggest acquisitions yet are raising some eyebrows. One analyst wonders whether Mark Zuckerberg "is nuts" for agreeing to pay $2 billion for virtual reality company Oculus less than five weeks after inking a deal to buy WhatsApp for $19 billion. Other observers are calling the Facebook CEO visionary. The company's latest purchase doesn't have a consumer product on the market yet, but Zuckerberg sees long-term implications for Oculus' technology.

Prodigal son returns as Murdoch sets succession plan

Rupert Murdoch's prodigal son is back, with key roles in the family's media entertainment empire in what appears to be a succession plan for the 83-year-old tycoon. Lachlan Murdoch, 42, was named Wednesday as non-executive chairman at News Corp. and 21st Century Fox, the companies created when his father's conglomerate was split into publishing and entertainment arms. Murdoch also promoted another of his sons, 41-year-old James, to be co-chief operating officer of 21st Century Fox. He is a member of the board of News Corp.
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