"Rupert Murdoch, the global media baron, has apologised for phone hacking at his London newspapers in the wake of the scandal that has forced one newspaper to close and led to the resignations of two executives.
The apology, published in major British newspapers on Saturday, came hours after Rebekah Brooks resigned as chief executive of News International and Les Hinton quit as chief executive of Dow Jones.
Hinton held the same position as Brooks at the London-based company from 1995 to 200.
In full-page adverts, Murdoch pledged "concrete steps" to resolve the issue in a bid to regain the initiative after losing the two executives.
New International publishes the Times, the Sunday Times and the Sun, which is the best-selling daily in the UK. A fourth paper, the News of the World, was closed a week ago as the scandal sparked public outrage.
The phone hacking happened in 2002 when Brooks was the editor of the News of the World. She moved on in 2003 to edit The Sun.
Hinton, appointed chief executive of News Corp-owned Dow Jones in 2007, took responsibility for the scandal as he was head of News International when the phone hacking went on.
Murdoch heads News Corp, a parent company of News International, while his son James runs the company's operations in Europe.
The News of the World hacked thousands of phones, including that of a murdered 13-year-old girl, and the apology appears to be an admission of guilt." Read More
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