It owns Google *and* Microsoft.
In addition to TV and newspapers, Rupert Murdoch has tentacles buried deep in the heart of the Internet. GameSpy, MySpace, AskMen, IGN Entertainment and PhotoBucket are just a few of News Corp's digital holdings.
Demand owns Cracked.com, eHow.com, AnswerBag.com, and a few others. In October 2009, Wired ran an article about how Demand uses sophisticated software to generate highly profitable topics for its freelancers to write articles on: http://www.wired.com/magazine/2009/10/ff_demandmedia/