News Corp to emerge as a stronger company
Embattled Rupert Murdoch yesterday vowed News Corp. would bounce back from the phone-hacking scandal, saying he would never tolerate such behaviour at his global media 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."
He flew out of Britain yesterday, ending a turbulent 11-day visit.
The 80-year-old chief executive was questioned for more than two hours by parliamentarians in London on Tuesday over the phone hacking scandal.
In Australia, Prime Minister Julia Gillard warned Murdoch's local operations they faced some "hard questions" as calls intensified for a media inquiry following the British hacking scandal.
News Limited chief John Hartigan has insisted there has been no similar wrongdoing in Australia.
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