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Thursday, Jul 4
A recording of a speech that Rupert Murdoch gave to journalists at the U.K. Sun newspaper...
A recording of a speech that Rupert Murdoch gave to journalists at the U.K. Sun newspaper indicates that he knew about payments to police for news tips. "That's been going on a hundred years, absolutely," the News Corp. (NWS) chairman told the reporters, many of whom had apparently been arrested for bribing officials. Last year, Murdoch told a parliamentary hearing that "Paying police officers for information is wrong." In the recording, Murdoch also hints that son Lachlan or News Corp CEO Robert Thomson could be his heir apparent; his other son James may be out the running.