News Corp in Talks to Hire Former Bloomberg CEO

News Corp. is in serious talks to hire former Bloomberg LP CEO Lex Fenwick to be the new chief of Wall Street Journal publisher Dow Jones & Co. The hire would fill a position vacated six months ago when the previous CEO stepped down amid the phone-hacking scandal.

Facebook Said to Ready IPO Filing for Next Week

Facebook could file papers for an initial public offering as early as next week and is close to picking Morgan Stanley as the lead underwriter. Facebook's IPO, which could raise billion, has been hotly anticipated as a defining moment for the latest web investing boom.

Twitter: Activists Urge Boycott to Protest Changes

Free speech activists are calling for a boycott of Twitter to protest the microblogging service's new tools that will allow it to redact tweets on a country-by-country basis. Twitter has been credited with playing a vital role in helping activists organize anti-government protests.