Skip to main content

News Corp U.S. Broadband Partnership

Rupert Murdoch said News Corp may form a new company with partners to allow the media giant to enter the U.S. high-speed Internet market, the Wall Street Journal reported on Saturday.

"Here (in the United States), we don't know," Murdoch told the newspaper. "We may be forming a company with partners to build something out here that would give you broadband." News Corp., which controls top U.S. satellite TV service DirecTV Group Inc., does not currently offer high-speed Internet service.

The chief executive of News Corp., owner of 20th Century Fox movie studios, the Fox News Channel and the New York Post newspaper, said when consumers begin using new high-definition home-video cameras, they will want more two-way bandwidth, according to the paper. Murdoch dismissed talk that cable magnate John Malone wants to take over New Corp., but added he watches Malone closely.

"We have a very civil relationship, but I just gotta watch him so that, in the interests of all shareholders, you can't have someone creep up and get control of the company without paying a premium," Murdoch told the newspaper.

Popular posts from this blog

AI-Driven Data Center Liquid Cooling Demand

The rapid evolution of artificial intelligence (AI) and hyperscale cloud computing is fundamentally reshaping data center infrastructure, and liquid cooling is emerging as an indispensable solution. As traditional air-cooled systems reach their physical limits, the IT industry is under pressure to adopt more efficient thermal management strategies to meet growing demands, while complying with stringent environmental regulations. Liquid Cooling Market Development The latest ABI Research analysis reveals momentum in liquid cooling adoption. Installations are forecast to quadruple between 2023 and 2030. The market will reach $3.7 billion in value by the decade's end, with a CAGR of 22 percent. The urgency behind these numbers becomes clear when examining energy metrics: liquid cooling systems demonstrate 40 percent greater energy efficiency when compared to conventional air-cooling architectures, while simultaneously enabling ~300-500 percent increases in computational density per rac...