Rupert Murdoch Rumored to Be Launching Tablet-Targeted News Service

Is News Corp head honcho Rupert Murdoch planning a game-changing digital news outlet?

That's what sources are telling CNBC, which today reported that "this new digital news venture would incorporate text, photo and video, tailored for the iTunes app format."

Of course, with the iPad's rapid success and many companies from Microsoft to Google to HP planning their own tablet devices, it's not too surprising News Corp, which owns a slew of newspapers including the Wall Street Journal and...