News Corp still discussing sale of operator Move

In its second quarter earnings report of its fiscal year released on February 9, News Corp disclosed dropping revenue, with its digital real estate division playing a key part, and plans to cut approximately 1,250 jobs. In addition, it said it still is pursuing a sale of Move, the operator of A sale of operator of one of the nation’s most popular real estate sites in to CoStar Group, one of the named suitors in the potential sale, will play a big role in the evolution of online real estate in the U.S.