Wall Street Journal, Fox and MySpace Now Have the Same Parent
Dow Jones that owns Wall Street Journal, MarketWatch and Barron’s Magazine has been acquired by News Corp, a group popularly known for MySpace, New York Post, Fox and the Star TV channel in India.
News Corporation can hire and fire the top editors and publishers; but a nominally independent five-person committee will have the right of veto on these decisions.
John Furrier of Podtech expects to see a mass exodus of professionals hitting the web as their own businesses. Walt Mossberg and Kara Swisher are already doing it with All Things D and the D Conference.
Related: Wall Street Pencil Sketch Portraits
Update: Linda Dunbar of Dow Jones has issued a comment that the story is incorrect.
Google Developer Expert, Google Cloud Champion
Amit Agarwal is a Google Developer Expert in Google Workspace and Google Apps Script. He holds an engineering degree in Computer Science (I.I.T.) and is the first professional blogger in India.