Wow. This is big.
It seems pretty clear to the outside observer that James Murdoch resigned as a result of the U.K. Leveson inquiry into press ethics, where he appeared out of touch with his operation as the British government investigated phone hacking and bribery allegations at now-shuttered News of the World and the newly expanded Sun.
via James Murdoch Quits as News International Chairman – Business – The Atlantic Wire.
QuantumTom 