
[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

Taking down the Liberal media WIN!
Liberal Media? The rag is owned by News Corp. You know, owned my Saudi Oil Prince News Corp? Run Fox News, mouthpiece of the right wing GOP in the U.S.? How are they the Liberal Media?
Er... you do know that Rupert Murdoch is a raging conservative who also owns the very right wing FOX News... right?
What's so "liberal" about the media? Oh, because sometimes they report on issues right-wing bigots don't approve of.
Uh, this is a Murdoch-owned news service – the guy who owns Fox News...
So now Rupert Murdoch is the LIBERAL media? I knew you Teabaggers were nuts... but tacking that far to the right that Murdoch looks Liberal to you? That's F'ing scary.
Sorry to break it to you, but that paper is owned by Rupert Murdoch and News International – as in the same person and corporation that owns FOX news. Now I'm not so sure if you perceive FOX to be "liberal," but general consensus is that FOX is pretty damn conservative.
Imbecile. The rightwing seems to grow collectively by the day.
Have you read The News of the World?
Imbecile. The rightwing seems to grow collectively dumber by the day.
What a dolt.
Rupert Murdoch a liberal? Now THAT's funny.
He founded FOX, owns this one and is most definitely not a liberal.
@ Monbois...you just POWND...sweet!
End yourself.
Right-wing ignorance is a helluva thing.
If you called Murdoch a liberal, he'd prolly punch you in the nose.
Another idiot con commenting on a subject that he knows nothing about.
Man, you are one misinformed dolt. No wonder you're a right-winged nut. Rupert Murdoch and News Corp are the epitome of conservatism...he owns Fox News...you twit.
LOL Catchphrase-using idiot doesn't stop to think about actual meaning of catchphrase.
I assume that you are a conservative by both your post and the fact that you don't know that this paper is owned by Rupert Murdoch. He makes Mussolini look like a centrist! Only a hard core conservative could really be that stupid. It is however a win that an extreme conservative rag has been shut down.........that is a win!!
Liberal Media?
Funniest comment I've read in weeks, considering the owner of this paper, Rupert Murdoch, also owns Fox News.
Still WINNING, Allen?
What a bizarre ignorant comment? Were you trying to be facetious? it didn't work.
Allen is obviously another blind American sheep who does not know that NewsCorp owns his very own FoxNews. I pity people like him who cannot think on their own. This is why we must fear the uneducated masses in the USA.
Allen you're another example of an irresponsibly misinformed conservative dolt. Liberal media? I guess if you listen to a lie long enough you can start to believe anything. The NOTW is owned by Rupert Murdoch, who also owns FAUX news and is the poster child for the conservative media propoganda movement. But I can totally understand how this is news to you.
I only hope they know who these losers in life are, so they can (And better be!) prosecuted, then banned for life from publishing.
He must have not learned to bribe politicians like his father. Without payouts to the GOP Murdoch couldn’t own a broadcast license but with a little grease with Saudi backing and POOF you have a dominating role in broadcasting.
Now lets talk about Faux News shutting down
and the other media outlets would never report false information, right? you're just completely in denial if you think the liberal media doesn't "stretch" the truth or better yet, outright lie.......
Amen...music to my ear
If Rupert closes the paper then there's nothing left to sue. Now on to Faux News. Shut 'er down.
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Better close down MSNBC, too, because they're like Fox news, only on the left. You'd agree with that, right? If you hate slanted journalism, then you'd have to close both of them down, right? Cause, you know, you would never be a complete and total hypocrite, right?
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Fox News next please!!!!
I'd this is to try and over their butts so the take over of Sky television is scuppered by the government.
This will not make a dent in this bastion of Saudi backed Yellow Journalism. It is amazing that American right wingers can’t figure out they are being led by the nose by foreign interests.
murdoch typical jew bag
Racist much?
If I may mis-quote R. Murdoch: The mainstream media considers itself in the business of holding others to account. Pity they fail miserably when it comes to themselves.
Taking down the Conservative media. Big Big WIN!!
They'll just rename it to RIght Wing Wiretapping Daily.
Seriously? A celebrity tabloid rag closed down, and you're calling for the big win over conservative media?
Thats like getting the National Enquirer shut down and thinking that you accomplished.. I dunno.. ANYTHING.
Did you get dropped on your head?
"may have targeted the relatives of other high profile crime victims" – - Why, so they could "expose" them for whatever minor personal flaws they *illegally* discovered? Why do these people always seek ways to blame the victim?
Don't worry, he's an American businessman, and as such, he knows a simple name change will erase this scandal from our collective short-term memory. Next month, he is starting a new publication, News of the Globe–all will be repaired and forgotten.
Except that he's British.
He's Australian.
"CNN welcomes a lively and courteous discussion..." Does "courteous" me no criticizing other conservative-biased media outlets or CNN's own advertisers?
The apple doesn’t fall far from the tree. Or something like that that CNN is too fascist to allow to post. S C U M B A G S!