The British committee that investigated the hacking scandal by Rupert Murdoch's tabloid
concluded that he was not fit to run a major corporation. Murdoch claimed that he was unaware of the behavior. The committee stated that there was a major cover-up of the problem and that Murdoch was either part of the cover-up, or he is incompetent. The committee's report may have an effect on Murdoch's 39% stake in the satellite network that is his major asset in Britain.
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