Journalists now reporting via twitter news on #Hackgate is about to BREAK within the hour.
Snipped from article.
Dynamite’
The committee will also vote today on whether to make the letters public, Collins said. On Aug. 12, opposition Labour Party Tom Watson, another U.K. lawmaker on the Culture Committee, said that the documents that had been submitted were “dynamite” without commenting further on their content.
As a result of the phone-hacking scandal, News Corp. dropped its 7.8 billion-pound takeover bid for the 61 percent in BSkyB that it doesn’t already own. After his initial testimony, James Murdoch was supported by the board of BSkyB, which last month unanimously backed him to remain as chairman of the satellite television broadcaster.
Bloomberg LP, the parent of Bloomberg News, competes with units of News Corp. in providing financial news and information.
When Murdoch appeared last month with his father Rupert before lawmakers, he said he hadn’t realized until late 2010 that more than one reporter at the News of the World newspaper had engaged in phone hacking.
Afterwards, Crone, the News of the World legal manager, and Myler, its one-time editor, said they told Murdoch in 2008 about an e-mail that suggested more reporters had been involved. They said they told him about it when they asked him to approve a 700,000-pound ($1.1 million) settlement to a phone-hacking victim... read more
