UK - Rupert Murdoch used his testimony before a U.K. inquiry on Thursday to portray himself as the victim, not perpetrator, of a cover-up over phone hacking -- a twist that could certainly anger those suing his company for invading their privacy to sell newspapers.
The 81-year-old media magnate apologized. He said he had failed. He noted that the corporate cleanup of the British phone hacking scandal had cost his New York-based News Corp. hundreds of millions of dollars and transformed its culture.
"I failed, and I'm sorry about it," Murdoch said, adding later: "We are now a new company altogether." (more)
