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According to The New York Times, a New Jersey company called Floorgraphics accused News Corp. in 2009 of hacking into their password-protected computer systems to obtain proprietary information, then allegedly spreading "false, misleading, and malicious information" about the firm, causing them to lose important contracts.
News Corp.'s response to the scandal was to buy Floorgraphics outright, after offering a $29.5 million settlement.
Published today by the NY Times:
https://www.nytimes.com/2011/07/18/business/media/for-news-corporation-troubles-that-money-cant-
dispel.html
Don't you find it the least bit curious they paid $29.5 million for a company that had less than a million dollars in annual sales?
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Originally posted by: hoops2
The person who owns Business Insider was banned from the securities industry due to fraud - not a reliable source.
He digs up a guy whose 3 year old unsubstantiated story cannot even be run on Soros' Media Matters site whose goal is to destroy Fox News.
The so called basement is actually an under the street level complex that runs under Rockefeller Center and includes many retail establishments, restaurants & is on the same level as the skating rink.