News Corp Buys E-Reader Platform Skiff

06/14/2010 05:58 pm ET | Updated May 25, 2011
  • JEFF BERCOVICI DailyFinance

Less than a year ago, Rupert Murdoch said it was "not likely" that his media conglomerate would get into the hardware business with its own e-reading device. Now News Corp (NWS). is buying Skiff, an e-reading platform Hearst Corp. has been developing, for an undisclosed price. Has the old mogul reversed himself again?

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