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Globally, News Corp bolstered its digital strategy with acquisitions
like Storyful, a social media news agency, and Harlequin, which will
give HarperCollins a jumpstart on its international digital expansion.
These investments, explained News Corp's CEO Robert Thomson last week in
an internal note, are part of the group's push "to grow digitally and
globally", making technology a canvas for content.
In This Pic : Rupert Murdoch
Pic Courtesy : BCCL
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the first wave of the dot-com boom, Murdoch, after whirlwind visits to
Bangalore, had actively invested in first-generation internet startups
in India. His big buy came when News Corp paid $50 million to buy
Pradeep Kar-promoted portal Indya followed by an investment of $11
million in auction site Baazee, started by two Harvard Business School
graduates which was sold off to eBay in 2004.
In This Pic : Rupert Murdoch
Pic Courtesy : Agencies
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