Understanding Athelind's Argot: FNORD

Wikipedia has a surprisingly good, succinct and precise explanation of a concept that is supposed to be deliberately inconcise and obfuscating. It begins:

Fnord is the typographic representation of disinformation or irrelevant information intending to misdirect, with the implication of a worldwide conspiracy.

And it goes on from there.

Kind of sounds like the mission statement of Fox News, doesn't it?

So what sounds better: "Fnord News" or "Fnox News"?

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