1. Scandal

    James Murdoch Could Be Ousted

    James Murdoch, News Corp.'s chairman for Europe and Asia, pauses during the Digital Life Design (DLD) conference in Munich, Germany, on Tuesday, Jan. 25, 2011. Murdoch, head of European and Asian operations, said he thought that 'as of yesterday we've actually made money' on Sky Deutschland. Photographer: Chris Ratcliffe/Bloomberg via Getty Images *** Local Caption *** James Murdoch

    Chris Ratcliffe, Bloomberg /Getty Images

    BSkyB's board meeting Thursday could decide much about James Murdoch's future. Rupert's son, as deputy COO of News Corp. and  chairman of BSkyB, attempted to orchestrate a$12 billion takeover of the British broadcaster. However, News Corp. dropped its bid in the wake of the hacking scandal. “The biggest issue is whether James Murdoch is to remain chairman,” said Steve Liechti, an analyst at Investec Securities in London. Meanwhile, more ties between the British government and senior News Corp. executives were revealed Tuesday, as a diary posted on the website of Chancellor of the Exchequer George Osborne showed cozy relations. Osborne was crucial in bringing in former News of the World editor Andy Coulson as Prime Minister David Cameron’s communications secretary.

    Read it at The New York Times