WSJ moves

News Corp has chosen Wall Street Journal Publisher Robert Thomson as the paper's new managing editor. He will also serve as editor in chief of Dow Jones, meaning he can send himself his own memos.

From the WSJ: Thomson, 47 years old, had been made publisher when News Corp. completed the Dow Jones deal. A native of Australia, he joined Dow Jones after nearly six years as editor of the Times of London, a News Corp. title. Previously he had been editor of the U.S. edition of Pearson PLC's Financial Times for four years.

"Mr. Thomson's outstanding career as a financial journalist, foreign correspondent and editor, equips him perfectly for the position," [Rupert] Murdoch said in the statement.

Les Hinton, Dow Jones chief executive, will take over as WSJ publisher.