News Corp's revenue falls for third straight quarter

News Corp, owner of the Wall Street Journal, reported its third straight quarter of revenue decline, hurt by a strong dollar and lower print ad sales, mainly in Australia. The company, controlled by Rupert Murdoch, said on Thursday revenue from its news and information business fell about 11 percent to $1.29 billion in the first quarter. The business, which accounted for nearly two-thirds of its total revenue, has been struggling for the past few years as readers shift to digital media and newsp