rupert murdoch

The legacy of Steve Jobs will ensure strong results for Apple for up to two more years, according to Prince Alwaleed bin Talal, the Saudi billionaire and major investor in the Cupertino firm.

Prince Alwaleed, whose foundation has also invested in Twitter and News Corp, appeared on the high-class chat show Charlie Rose hosts for PBS and Bloomberg on Tuesday night, where he discussed issues ranging from the Syrian crisis and Iran’s nuclear programme to Citigroup (Vikram Pandit has been “an excellent CEO”, he said).

For other technology and media investors, though, his supportive comments for Rupert and James Murdoch, Twitter’s business model and Apple’s outlook are of most interest. Read more

This screen on the left is what greeted visitors to Wikipedia on Wednesday, as the online encyclopedia site began its ‘blackout’ protest of two controversial intellectual property bills currently being discussed in the US Congress.

For 24 hours starting from 5am GMT on Wednesday, Wikipedia blocked users from viewing or editing all of its English-language pages except for the Stop Online Piracy Act and Protect Intellectual Property Act, the bills it is protesting against. Read more

At the Consumer Electronics Show in Las Vegas, Rupert Murdoch has been tweeting his ruminations about the “digital tornado” unleashed by the innovations presented.

The News Corp chairman said the technologies unveiled at CES were more innovative than ever, “some great, all disruptive”, and suggested Facebook might join the “big three” of Apple, Google and Amazon, who were “dominant and now growing… Plenty of others good, but not in same league.”

That seemed to prompt more than a few jibes about MySpace, which News Corp bought for $580m only to sell it for $35m six years later, from Mr Murdoch’s many critics on Twitter.

With typical candour, the media mogul admitted that the company “screwed up in every way possible”: Read more

This is a guest post by FT Media Editor Andrew Edgecliffe-Johnson

Not much has been heard of Beyond Oblivion since the FT pulled back the veil on its ambitious vision of tackling piracy by asking devices manufacturers and broadband providers to pay for music consumed over their products and services.

At the time, we reported that Adam Kidron, a serial entrepreneur, had been backed by Rupert Murdoch’s News Corp and Allen & Co. According to the Beyond Oblivion site the start-up is still aiming for an October 10 launch (sorry, “insurrection”), but we wait to hear which music rights holders, smartphone and laptop manufacturers or internet service providers are on board.

Today’s proxy filing by News Corp pulls the veil back a little further on Beyond Oblivion’s financing, however. Read more

The time is near for putting to the test Rupert Murdoch’s rhetoric about the value of digital journalism and the evils of Google.

The Times and the Sunday Times will unveil their new (separate) websites to the public “imminently” – perhaps as soon as Tuesday. Within four weeks, the paywall barriers will be raised. All but the homepage will be invisible to those refusing to pay £1 a day – and that includes Google’s spiders. Read more

Over the weekend we revealed that News Corp and Microsoft were in talks to “de-index” News Corp’s content from Google, in favour of Microsoft’s Bing search engine.

By today it was clear that this is part of a broader move by Microsoft to boost Bing by getting publishers to cut their sites off from Google. Read more