News Corp. in Talks to Hire Bloomberg Executive

News Corp. is in serious talks to hire former Bloomberg LP chief executive Lex Fenwick to be the new chief of Wall Street Journal publisher Dow Jones & Co., according to people familiar with the matter.

The hire, while not final, would fill a position vacated six months ago when the previous CEO, Les Hinton, stepped down amid the phone-hacking scandal at News Corp.’s UK newspaper division. When he resigned, Mr. Hinton, who ran the division before he joined Dow Jones, said that he was “ignorant of what apparently happened” at one of the company’s tabloid newspapers earlier, but characterized his lack of knowledge as “irrelevant” and said it was “proper” for him to step down.

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Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

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