James Murdoch finally admits defeat in hacking battle
LONDON (Reuters) – James Murdoch’s belated acknowledgment that he had become a liability to satellite broadcaster BSkyB was a rare admission of defeat by the combative 39-year-old executive known for his self-belief and decisiveness. Murdoch resigned on Tuesday as chairman of BSkyB, saying he did not want to damage the company any further by the intense scrutiny surrounding his role in a phone-hacking scandal that has convulsed his father’s media empire. . . .
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