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News Corp sells controlling stake in China TV channels

Rupert Murdoch's News Corp said on Monday it will sell control of its three Chinese TV channels to a fund backed by China's No.2 media company, in a pullback from the market after years of difficulty.

New online business model will succeed, says Rupert Murdoch

NEWS Corp chief Rupert Murdoch said Apple would sell more than 40 million iPads by 2012 as he flagged plans to put content on more tablet devices.


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