Watch Rupert Go

Rupert Murdoch is probably more loved and hated than any other billionaire in the news biz. RM, the guy from Australia, has announced that his new business-news TV channel will take on CNBC. In an exhibit of what some observers call dirty pool, Rupert's new world order has refused to run a pile of CNBC advertisements scheduled earlier for Dow Jones & Company websites. Rupert, who now owns Dow Jones, doesn't want to see those ads run Monday, October 15, the first day his new channel will litter the airwaves with all the news that may or may not be true.