Until the phone-hacking scandal that shuttered his British tabloid News of the World in 2011, News Corp.'s founder, chairman and CEO was widely regarded as moving toward retirement. His son and corporate deputy, James, appeared to be the Murdoch who mattered. When father and son were grilled by British MPs about the scandal, Rupert's confused demeanor reinforced that view. Since then, Rupert has taken charge, launching a new tabloid and confounding critics. The scandal is not over. But neither, it seems, is Rupert.