1. AXED

    News of the World to Close

    A visitor leaves the main entrance to the headquarters of News International Newspapers Ltd, a subsidiary of News Corp. at Wapping in London, U.K., on Wednesday, July 6, 2011. U.K. Prime Minister David Cameron promised at least one inquiry into phone hacking at Rupert Murdoch's News of the World newspaper and failures by the police to investigate it.

    Chris Ratcliffe, Bloomberg / Getty Images

    Well, that’s one way to deal with a PR disaster. James Murdoch, media mogul Rupert Murdoch’s son, said Thursday that Sunday’s edition of the News of the World will be the British tabloid’s final one. It’s an ignominious end for the 168-year-old paper, which has become the focus of a stream of appalling revelations—first a leak, then a gusher of news about tapping the phones of celebrities and royals, hacking the phones of murder and terror victims and their families, and paying off police for tips, among others. The scandal has threatened Murdoch’s planned takeover of the BSkyB TV network and even threatened Prime Minister David Cameron’s government. Rumors have flown about whether Murdoch would sacrifice confidante and former News of the World editor Rebekah Brooks, but it appears he has chosen his deputy over his product.

    Read it at The Guardian