FILE PHOTO: The News Corporation logo on their headquarters building, home to Fox News, is seen in Manhattan, New York, U.S., July 6, 2016. REUTERS/Mike Segar/File Photo

(Reuters) - News Corp NWSA.O is developing a news-aggregation service to compete with Alphabet Inc's GOOGL.O Google News and could be launched later this year, the Wall Street Journal reported citing people familiar with the matter.

The service, called Knewz.com, is expected to be a website and a mobile app, and will aggregate news from many sources and make them available through the site and the app, according to the report. (on.wsj.com/2ZaVNBc)

It will draw from hundreds of news sources, including national outlets such as The Wall Street Journal, New York Times, the Washington Post and NBC News, digital-native players, magazine publishers and local newspapers, the Journal said.

News Corp, which owns Dow Jones Newswires, HarperCollins book publishing business and the Wall Street Journal, did not immediately respond to a request for comment.