News Corp will use Fox name as it moves ahead with breakup

News Corp, moving ahead with a plan to split into two companies, appointed Wall Street Journal editor Robert Thomson as head of the new publishing entity and said it would call the entertainment-focused business Fox Group.

The publishing business, which includes the Journal and the Times of London, will retain the News Corp name, News Corp said in a statement. As part of the split, it will cease publication this month of the Daily, an iPad publication that struggled to catch on with readers.

via Business feed http://www.scmp.com/business/companies/article/1097172/news-corp-will-use-fox-name-it-moves-ahead-breakup