"News Corp is nearing a decision on whether to start a news organisation to provide content for a subscription application on digital tablet devices such as Apple’s iPad, according to people close to the plans. ... News Corp is making “an honest attempt” at transforming journalism, one person close to the plans said. Separately, a long-awaited subscription news aggregation service, called Project Alesia internally, is expected to be launched in the fourth quarter with content from the New York Post, Dow Jones and a variety of external news partners, people briefed on the plans said."