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Murdoch said News Corp would headquarter its Middle Eastern global online advertising operations in Abu Dhabi, and move a number of satellite television channels to the capital of the United Arab Emirates from Hong Kong.

Am I missing something? It says he is moving the ME advertising operations to Abu Dhabi, as well as a number of sat channels fro. hong Kong to Abu Dhabi. How is that selling out the US? I am not getting the ire ...maybe someone can enlighten me so I can grab a pitchfork!

NewsCorp has many divisions. There is an Australian division operated out of Sydney. The North American division is operated out of New York. The European division is operated out of London. The Asian division is operated out of Hong Kong. In reading this it sounds like he splitting the Asian division into two parts-one that concentrates on southeast Asia and Chinese/Hindi/Urdu speaking peoples and a southwestern Asia/Middle Eastern that concentrates on predominately Arabic speakers. It is a smart business move to do so. Keyword is BUSINESS, folks. In the coming decades the place to make money is not going to be Europe or North America, it will be in Asia. Anyone who understands what is going on in the world knows this and is making the appropriate moves.