News
Corp. chief executive Robert Thomson said cost cuts will be
"relentless" as the company's newspaper arm divests from Rupert
Murdoch's entertainment assets, Reuters reported.
The
new News Corp. will debut on June 28, retaining such properties as The Wall
Street Journal, Dow Jones Newswires, The Times of London, HarperCollins,
education unit Amplify and Australian pay-TV services.
