Former News International executive chairman James Murdoch began giving testimony under oath on Tuesday at the British inquiry into press standards set up after the tabloid phone-hacking row.

In the

News Corp. said on Wednesday that James Murdoch has stepped down as executive chairman of News International, the Rupert Murdoch-owned company's troubled British publishing unit.

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James Murdoch, at the centre of the phone hacking scandal in his family's British newspaper business, has resigned from the board of GlaxoSmithKline, the pharmaceuticals giant said on Friday.

Rupert

James Murdoch returns to Britain's parliament on Thursday for a second grilling over the phone hacking scandal in a showdown that could deepen the crisis in his father Rupert Murdoch's media empire.

James Murdoch insisted on Thursday that he had no knowledge of widespread phone-hacking at the now-defunct News of the World tabloid as he made a second appearance before British lawmakers.

Recalled

James Murdoch rejected allegations on Thursday that he was a 'mafia boss' and told British lawmakers he had not misled them about the extent of his knowledge of phone-hacking at the News of the World.

News International chairman James Murdoch is being recalled to give fresh testimony to the House of Commons select committee investigating phone hacking at the now defunct News of The World tabloid.

News Corp's senior management is starting to think about what the company might do if James Murdoch stepped aside, sources inside and close to the global media empire said.

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British pay-TV giant BSkyB said on Friday that James Murdoch will remain chairman despite the phone-hacking row at main shareholder News Corp., as the broadcaster revealed a 23-per cent jump in profit

James Murdoch gave 'mistaken' testimony to a British parliamentary committee, two senior ex-News of the World executives said on Thursday, the most direct accusation made so far against News Corp's (N