Two senators call for Dow Jones investigation
Two U.S. senators have written a letter to the panel that oversees Dow Jones & Co.’s editorial integrity to request they investigate former CEO Les Hinton’s role in the News Corp. phone hacking scandal. Ed Pilkington of The Guardian writes, “Barbara Boxer of California and John Rockefeller of West Virginia have written to the special […]
Dow Jones hires Bensinger to replace Cheng
TALKING BIZ NEWS EXCLUSIVE Dow Jones Newswires has hired Greg Bensinger from Bloomberg News to cover telecom and technology. Bensinger replaces Roger Cheng, who left last month for a job with CNET. Bensinger has covered telecom for the past 14 months. Before that, he covered the newspaper industry for 18 months and the auto industry […]
The WSJ defends itself and its former publisher
An editorial slated for Monday’s Wall Street Journal defends the work of its publisher Les Hinton in turning around its operations while deploring those who hacked into phones to obtain information. Hinton, also the CEO of Journal parent Dow Jones & Co., resigned on Friday. He had been head of News International when one of […]
Dow Jones begins search for new CEO
News Corp. will conduct an external and internal search for a new chief executive of its Dow Jones financial news business, reports Andrew Edgecliffe-Johnson of The Financial Times. Edgecliffe-Johnson writes, “Todd Larsen, president of Dow Jones, will be a candidate, one person familiar with the process said. News Corp announced after Mr Hinton’s exit that […]
Panel says no evidence of wrongdoing at Dow Jones
The independent committee charged with monitoring editorial integrity at The Wall Street Journal said Saturday it is not aware of any wrongdoing at the Journal or its parent company, Dow Jones & Co., writes Sandy Shore of the Associated Press. Shore writes, “Thomas Bray, chairman of the committee, said the group did not conduct an […]
The Fox-ification of The Wall Street Journal
New York Times columnist Joe Nocera writes Saturday that it took News Corp. CEO Rupert Murdoch only three-and-a-half years to make The Wall Street Journal less aggressive and objective in its coverage. Nocera writes, “Along with the transformation of a great paper into a mediocre one came a change that was both more subtle and […]
CEO’s departure adds uncertainty to Dow Jones
The resignation of Dow Jones & Co. CEO Les Hinton on Friday brings uncertainty to the parent company of The Wall Street Journal, Marketwatch.com and Barron’s, writes Russell Adams of The Journal. Adams writes, “The departure of Mr. Hinton, the former head of News Corp.’s News International unit who became chief executive of Dow Jones […]
Murdoch’s memo to Dow Jones employees on Hinton’s resignation
Here is the e-mail memo that News Corp. CEO Rupert Murdoch sent to all Dow Jones & Co. employees on the resignation of Dow Jones CEO Les Hinton: To Dow Jones employees, You will have just heard that I, with the heaviest of hearts, have accepted the resignation of Les Hinton. It is a measure […]
Hinton’s resignation letter to Murdoch
Below is Dow Jones & Co. CEO Les Hinton‘s resignation letter to News Corp. CEO Rupert Murdoch. Hinton has been questioned about his knowledge of the News International phone hacking scandal when he was CEO of that operation. Dear Rupert, I have watched with sorrow from New York as the News of the World story […]
WSJ publisher Hinton, also Dow Jones CEO, resigns
Les Hinton, the publisher of The Wall Street Journal and the CEO of parent company Dow Jones & Co., resigned Friday amid questions about his involvement in the News Corp. phone hacking scandal. Hinton’s goodbye e-mail to the staff of the paper states: Many of you will be aware by now that I resigned today […]