Arab Today, arab today murdoch news corp \a stronger company\
Last Updated : GMT 05:19:09
Arab Today, arab today
Arab Today, arab today

Murdoch: News Corp \'a stronger company\'

Arab Today, arab today

Arab Today, arab today Murdoch: News Corp \'a stronger company\'

Sydney - AFP

Embattled Rupert Murdoch on Wednesday vowed News Corp. would bounce back from the phone-hacking scandal, saying he would never tolerate such behaviour at his global empire. \"I want all of you to know that I have the utmost confidence that we will emerge a stronger company,\" he said in a message to staff, seen by AFP. \"It will take time for us to rebuild trust and confidence, but we are determined to live up to the expectations of our stockholders, customers, colleagues and partners. \"We are a great company that has set the pace and created much loved journalism, television and film for six decades and we will continue to do so for years to come.\" The 80-year-old chief executive was questioned for more than two hours by parliamentarians in London on Tuesday over the scandal that has rocked his business and forced two of Britain\'s top police chiefs to quit. Their departure followed the resignations of trusted confidante and former News of the World editor Rebekah Brooks and another close Murdoch adviser, Les Hinton. \"I was shocked and appalled by recent allegations concerning the News of the World, and I am deeply sorry for the hurt that was caused,\" he said to staff. \"And we have taken responsibility. I have led this company for more than 50 years and have always imbued it with an audacious spirit. \"But I have never tolerated the kind of behaviour that has been described over these past few weeks. It has no place at News Corporation. \"These serious allegations made about some of our former employees at the News of the World directly contravene our codes of conduct and do not reflect the actions and beliefs of our many employees.\" At the hearing in London, Murdoch denied ultimate responsibility for the hacking that forced him to shut the News of the World. But he apologised to the victims, saying at the outset: \"I would just like to say one sentence. This is the most humble day of my life.\" It was enough to see the company\'s heavily sold down stock spike 5.51 percent to close at US$15.79 in New York, a rise that was mirrored in Australian trade where it was up nearly five percent in the morning. As the scandal has deepened, Murdoch\'s position at the head of his company has been questioned, but a source close to the News board said reports of a push for executive change was a \"beat up\". \"The view is that Rupert has done an amazing job over many years building (News) and he is heading into a very difficult period and deserves the board\'s support,\" the source told his flagship newspaper here, The Australian. \"Will these events specifically lead to change at News? Probably not. But Rupert is 80, so change is coming anyway and there will be a time when he hands over responsibilities to other people.\" In his message to staff, the mogul said he was taking \"urgent steps\" to ensure the problems that tarnished his legacy at the News of the World would never happen again. He said the company had created an independent management and standards committee, independently chaired by Lord Grabiner QC, a London-based commercial lawyer, with oversight by News Corp. board members Joel Klein and Viet Dinh. Murdoch also pointed to the closure of the 168-year-old News of the World and the resignations of Brooks and Hinton as actions taken to control the crisis. \"These actions are all strong signals of the seriousness with which we are addressing allegations of past wrongdoing at the News of the World,\" he said.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today murdoch news corp \a stronger company\ Arab Today, arab today murdoch news corp \a stronger company\

 



Arab Today, arab today
Arab Today, arab today Nohan Seyam designs beautiful accessories

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today 11 family members dead in rebel push

GMT 07:57 2017 Tuesday ,21 February

11 family members dead in rebel push
Arab Today, arab today To probe sexual harassment claims

GMT 10:08 2017 Tuesday ,21 February

To probe sexual harassment claims
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today 57 monkeys carrying 'invasive' genes

GMT 16:00 2017 Tuesday ,21 February

57 monkeys carrying 'invasive' genes
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Ahmed Fahmy stresses he did not ignore singing

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 12:22 2017 Monday ,20 February

Kanye West puts hijab-wearing model

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 14:51 2017 Monday ,20 February

Ways to acquire presentation skills

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 16:08 2017 Wednesday ,15 February

Shawsh reveals her collection "Jewelry of dreams"
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday