Now, the latest development is that the CEO of the Dow Jones, Les Hinton, resigned. Dow Jones is also owned by Rupert Murdoch. Hinton was Chairman of News International at the time of the alleged phone hacking found out in the UK. News International is News Corp.'s British newspaper unit. Hinton was there for 12 years before moving over to head up Dow Jones.
There isn't much that Rupert Murdoch does not own. The list is practically endless. It's no wonder few people or politicians dared to oppose him on anything. But some things, well, not even a guy this influential can control or win."