Dow Jones CEO Les Hinton is leaving the company in the wake of the PhoneGate hacking scandal. Hinton is the second high-ranking News Corp. executive to step down today, and the first major figure from the company's American operations.
Hinton has been under scrutiny in the past couple weeks because he oversaw News Corp.'s News International unit, the group that publishes its British newspapers, from 1995 through 2007. That's the same time that News Corp.'s News of the World tabloid is alleged to have engaged in systemic voicemail hacking, among other offenses.
Hinton's resignation follows … Read more