News Corp is looking to make a play in the cloud, which has grown to become the next big business opportunity for the company.
The news was reported by Bloomberg, which said that the new company is working on an IoT-based cloud farm.
The startup is developing its own cloud-based infrastructure to help build applications and services that are used by a range of other companies.
News Corp was founded in 1879 and is the world’s largest media company with more than 7,000 newsrooms.
Its revenue last year reached $17.8 billion.