In this May 8, 2008 file photo, News Corp. Chairman and CEO Rupert Murdoch attends Time's 100 Most Influential People in the World Gala in in New York. News Corp., the media conglomerate controlled by Rupert Murdoch, has withdrawn its bid to purchase the Long Island paper Newsday, a News Corp. spokeswoman said Saturday May 10, 2008. (AP Photo/Evan Agostini, File)