July 5, 2013
Rupert Murdoch's News Corp reborn as publishing arm targets smartphones
News Corporation, the newly devolved publishing division in Rupert Murdoch's global empire starts, launches on the New York and Sydney stock exchanges on Monday with the aim of dominating the smartphone market for news, entertainment and information. The Guardian reports.
Robert Thomson, the chief executive of new News Corp told investors: "One of our foremost ambitions outside Australia is to own the second screen. ... "We are working with Fox Sports and even the Wall Street Journal's quirky writers to develop a different kind of commentary for smartphones," he said.
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