Comments for: News 4Q beats Street; Murdoch ‘acting decisively’

Posted Aug. 10, 2011, at 5:45 p.m.

LOS ANGELES — News Corp., the media conglomerate under fire for phone hacking in Britain, says its net income for the last quarter fell 22 percent mainly because of the sale of social networking site Myspace. Net income at the TV and newspaper giant controlled by Rupert Murdoch fell to …

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