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Dow Jones CEO Les Hinton is Resigning

The havoc around the News Corp. hacking scandal is really picking up steam, as Les Hinton just announced that he’s stepping down as CEO of Dow Jones. All Things D has the memo from Rupert Murdoch and Hinton’s resignation letter. Here’s a segment from Murdoch’s note:

News Corporation is not Rupert Murdoch. It is the collective creativity and effort of many thousands of people around the world, and few individuals have given more to this Company than Les Hinton.

And a section from Hinton’s resignation letter:

That I was ignorant of what apparently happened is irrelevant and in the circumstances I feel it is proper for me to resign from News Corp, and apologize to those hurt by the actions of the News of the World.

Two things: 1) There’s something eerie about that line from Murdoch about News Corp. not being just him and 2) This is not going away. Not for a long, long time.

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