Cybersecurity
News Corp. Needs Better Controls, Saudi Prince Alwaleed Says
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News Corp. Chairman Rupert Murdoch should strengthen corporate governance rules and tighten internal controls after a U.K. phone-hacking scandal, Saudi Prince Alwaleed bin Talal al Saud said in a CNN interview.
“All of this is in motion already,” Alwaleed, whose Kingdom Holding Co. owns about 7 percent of News Corp.’s voting shares, said in an interview yesterday on “Piers Morgan Tonight.” He said he wasn’t worried about the fallout from the hacking scandal at the now-defunct News of the World newspaper.