Media mogul Rupert Murdoch and Abu Dhabi's state media group are in talks to acquire the Financial Times Group for about $1.2 billion.
The editor of British newspaper The Sunday Times was appointed Friday as acting editor of its sister title The Times, raising speculation that media baron Rupert Murdoch may seek to merge the two.
Rupert Murdoch's top newspaper lieutenant in Britain is to leave his post at the end of the year, it was announced Sunday, heralding the start of a major shake-up at parent company News Corporation.
Bill Gates remains the richest person in the United States with a fortune of $66 billion in 2012, up 10 percent from last year.
Britain's press thrashed out Saturday whether The Sun newspaper had done the right thing by eventually publishing pictures of a naked Prince Harry cavorting with similarly-clad women in Las Vegas.
Elisabeth Murdoch, daughter of Australian-born tycoon Rupert, urged the media to concentrate on morals as well as profit during a speech to television executives in Scotland on Thursday.
The Sun, Rupert Murdoch's popular British tabloid, on Friday published nude photographs of Prince Harry despite being asked not to by the royal family.
Media mogul Rupert Murdoch weighed in on the Tom Cruise-Katie Holmes divorce story Sunday, saying he thinks Scientologists are "creepy" and possibly even evil.