**News Corp. Dumps Fox Web Sites, Layoffs Follow
The transition, announced late Thursday night, is expected to take place in six months. The Fox News Channel will take over FoxSports.com and Fox Broadcasting Co. will run Fox.com. News Corp. wants to reduce costs at the Web sites because the company does not expect advertising sales on the sites to be lucrative.
Lachlan Murdoch, the son of chairman and chief executive Rupert Murdoch, said News Corp. now sees the Web sites as a means of marketing its Fox TV networks, and not as major profits centers for the company.