Many platforms saw declines in ad revenue over the past year and had to cut costs and staff. Now there's optimism about a rebound.
Rupert Murdoch is "unfit to run a major international corporation." That is the verdict from a committee of British lawmakers today. The committee was investigating allegations of widespread phone hacking by journalists working for Murdoch's News of the World tabloid newspaper.
Murdoch tells a U.K. government inquiry he didn’t know about phone hacking at one of his British newspapers. U.S. investigators are watching closely.