
[Updated at 12:00 p.m.] The scandal-hit British tabloid News of the World will shut down after Sunday's issue, its owner, News International, told CNN Thursday.
All revenue for Sunday's final edition of the scandal-hit tabloid the News of the World will go to good causes, News Corp. executive James Murdoch said Thursday in announcing the closure of the 168-year-old newspaper.
Journalists at News of the World, a tabloid that is the world's top-selling English-language newspaper, have been accused of hacking into the mobile phone account of missing British teenager Milly Dowler, intercepting messages in search of news.
They then allegedly deleted messages to keep her mailbox from filling up, giving her family and friends false hope that the schoolgirl - later found murdered - was still alive.
Police also are investigating suggestions the paper - known for its exposes of celebrities and politicians - may have targeted the relatives of other high profile crime victims, including at least one of those killed in the 2005 London bombings.
The news comes after the officer leading the investigation said they have identified nearly 4,000 potential victims of illegal eavesdropping by a private investigator working for the tabloid.
The illegal eavesdropping by Britain's scandal-hit News of the World tabloid "sullied" the newspaper and "has no place in our company," News International chairman James Murdoch said Thursday.
FULL STORY

Who cares. I have a job
Well, aren't you special?
I detect a troll!
Apparently, you care enough to post a comment.
Hope your job does not involve spelling...
And yet you had the time to read and respond to this article that you don't care about. Little time to spare while waiting for the timer of the fryer?
For now, till some Indian or a Chinese or a Mexican takes it away
My apologies to everyone. I was directing my comment towards those who contributed to the scandal, not those who were innocent. Again, please forgive me and my apparent lack of spelling according to Ruperto, although my spell check did not find any errors.
http://michaelfury.wordpress.com/2008/08/27/memory-holes-in-the-floor/
Good riddance. Now only they would do the same to the trash papers here in the US.
This is the point I was about to make. Only in England, where they have decency, would a newspaper like this shut down. In America, it is NO HOLDS BARRED, get the trash wherever you can, from whatever source you can; however you can, get the trash and then publish it.
Big deal. Murdoch will just rename it, open it again, and Ethics be damned.
Bingo.
"At your newstands next Sunday, NEW from News Corp, The World of News."
I hate it because all those people will loose their jobs, but I really believe that every single Fox station in the world should be made to follow suit...SHUT EM DOWN.
Oh Marge, go work on Obamas campaign since you are obviously a democrat. Leave the intelligent news reporting for the rest of us Republicans since truth is too hard for you to swallow. You must have served on the OJ and Casey Anthiny jury...
Fox News used to be fair and balanced. Now its just a joke. The only decent guy they have is Brit Hume. They care more about ratings, than reporting the facts, and helping to educate the people.
The business model is simple
Figure out what scares seniors.
Have multiple people say the same thing in different ways, to ensure the message of fear gets across.
Cut to a commerical and sell the seniors drugs.
Come back to the show, and continue to sell them fear. For the guys that don't buy fear have it reported by busty blondes, to keep those guys who are now on viagra watching.
Fox News is damaging to America.
Ol' Rupert wanted to go north in to Canada......until they refused to alter the law so FOX North could lie like they do in the US.
Oh Cindy, weeping while the right wing nut case opinions you deemed as "news" is unravelling before your eyes (of course not before you made them filthy rich). Face it, they never really cared about what they preached, only the fact that their target audience was easily manipulated. Hold on tight to your last remaining thread… FauxNews… tick tock, tick tock.
I'm sure this was done to ensure the stories they published were fair and balance.
might have been running in the red
one down now for the rest of News corp
All in the name of "news". Tabloid trash is just that. Why intelligent people look at this stuff. Then again, there is my answer. Intelligence!
Its about time, whitetrash.
They're also accused of hacking fallen soldiers voice mails. Sick individuals.
Go after Rupert.You can find him next to the Koch brothers in the Republicans back pocket.
Good. How dare they violate privacy as they did.
I wipe my behind with this paper. What is i gonna use now?
Try a FOX tail.
And thou shall start a new Tabloid called the "The Right News" in it's place...