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By Janeman Latul and Fathiya Dahrul

JAKARTA | Sun May 27, 2012 10:07pm BST

JAKARTA (Reuters) - Indonesian billionaire Hary Tanoesoedibjo already has over a third of the country's TV viewers in his pocket. Now he wants the same share of votes in a general election, enough to clinch power for the political party he helps lead.

Tanoesoedibjo has built a $7.2 billion business empire in Indonesia in just 14 years, targeting the speedy growth in consumer demand among an emerging middle class in the world's fourth-most populous nation.

But business isn't the only thing on Tanoesoedibjo's mind. While he insists he has no personal political ambitions, he says the reforms carried out in Southeast Asia's biggest economy since the ouster of strongman President Suharto in 1998 have been too slow and his party could make a difference.

"The majority of people want a change," said Tanoesoedibjo, 46, in an interview.

To answer that demand, push for legal and political reform and fight corruption, he says he took up a new role last November as chairman of the board of experts in the newly-formed Nasional Demokrat Party (Nasdem), one of the senior-most positions in the party.

Tanoesoedibjo, Indonesia's 13th richest man according to Forbes, is not alone in using business as a base for a leap into politics.

Coal magnate Aburizal Bakrie, whose family controls a conglomerate, is now vying for the Golkar Party's presidential nomination ahead of elections in 2014. Indonesia also holds parliamentary elections that year.

Tanoesoedibjo, however, is a controversial figure. He has been involved in a series of legal tussles over his business dealings, including one with Suharto's eldest daughter over one of his TV units. Some investors say some of his businesses lack transparency.

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Indonesian media mogul makes leap into politics

Media House on Spencer Street.

FAIRFAX'S Media House has won the 'gold logie' of the property industry, the Australian Development of the Year Award, at the 2012 Property Council of Australia/Rider Levett Bucknall Innovation and Excellence Awards.

The five-star Green Star development, located at the edge of Melbourne's Docklands, houses The Age newspaper, The Australian Financial Review and 3AW and was completed in 2009. It is owned by Commonwealth Property Office Fund and was nominated by Grocon.

Media House, which beat 101 contenders from around the country to claim the main award, also won the Colliers International Award for Best Office Development and the Project Control Group Award for Best Workplace Project.

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Grocon's Pixel building.

Other Victorian winners include Stable Group's Triptych, the Village Building Award for Best Residential Development; Lend Lease's Martha's Point, the Gadens Lawyers Award for Retirement Living Development; Pixel by Grocon, the Nepean Award for Innovation; and Davis Langdon's Michael Skelton took out the Judd Farris Award for Future Leader.

Property Council of Australia chief operating officer Ken Morrison said Media House was an outstanding showcase of what Australia's property industry could produce, achieving benchmarks in innovation and sustainability.

Media House's project team included Bates Smart, Fulcrum Town Planners, Norman Disney & Young, RLB, and emerystudio.

Triptych's Green Wall.

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Media House a winner from all angles

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2Drops - Freedom Of Speech (Progressive House 2012 - 2013) - Video

With presidential elections less than six weeks away, Mexicans protest media coverage of the campaign.

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Editor's note: To read more about Mexico's vote on CNNMexico.com click here.

(CNN) -- The demonstrators have no clear leader. Many say Twitter posts and Facebook groups brought them to the streets of Mexico's capital and cities around the country.

With presidential elections less than six weeks away, they are protesting media coverage of the campaign and criticizing the candidate widely seen as the front-runner.

Local media reports have described it as "the Mexican Spring," drawing a comparison with massive protests pushing for political change in the Middle East.

The surge of student activism has drawn attention at a key time during campaigning in the politically polarized country, where security concerns and economic problems have been top issues for candidates vying for the presidency.

"It was about time that Mexico woke up, that it stopped watching television," said Leonardo Mata, a student at Mexico City's Metropolitan Autonomous University who joined thousands marching in the capital on Wednesday.

TV coverage of the campaign has drawn sharp criticism from some protesters, who argue that national broadcaster Televisa has provided more favorable coverage to Enrique Pena Nieto, the Institutional Revolutionary Party candidate who leads in polls.

Televisa's president appeared to acknowledge the protests in a Twitter post this week.

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Social media fuel Mexican youth protests

With each passing elections season, were seeing more how social media is changing the business of political news coverage. Its not just sped up the news cycle, but its helped kill it, said JoshMarshall, editor and publisher of TalkingPointsMemo.com.

Marshall appeared with Vivian Schiller, chief digital officer of NBC News at the paidContent 2012 conference, where the two talked about how social media has influenced and reshaped the news business. Marshall said social media is part of a larger continuum that began with the Internet and the rise of blogs. With social media, he said, the news business has become frictionless and fluid and, in some cases, chaotic. But its helped wrest control away from traditional news powers and helped do away with the notion of a news cycle.

Parties and counter-parties can get back into a story rapidly, whether its on Twitter or this or that. Its about immediate access so a story can play out without the slow down of a news cycle, Marshall said.

Vivian Schiller said social media has become an organic part of news organizations, which are finding that it can be a liberating force, providing new ways to engage their audience and also push out content. She said social media is also helpful in weeding out trivial news, while allowing more voices to be heard on bigger stories.

I think because theres so many people who have access to the same information, you get more data points and more information from the crowd and more debunking. And everything becomes meatier, Schiller said.

Check out the rest of our coverage of paidContent 2012. Full archived video on livestream (registration required).

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Social media doesn’t speed up the news cycle — it kills it