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Don’t miss the latest developments in business and finance.
Rupert Murdoch steps down as chairman of Fox and News Corp: Report
His son, Lachlan Murdoch, will become the sole chairman of News Corp and continue as the chair and CEO of Fox, the companies said on Thursday
Rupert Murdoch compared to 'mafia boss' ordering hit in smartmatic case
The judge ended the hearing without ruling. If Fox Corp's motion to dismiss is denied, the Murdochs may be key witnesses at trial, likely in 2025. Fox News's motion to dismiss was denied last year
Fox's $787.5 mn deal saved it from a long trial, says Lachlan Murdoch
Viewership of Fox News in prime time fell nearly 30% in the week after Carlson's dismissal, according to Nielsen data
With new capabilities, Lachlan Murdoch to do things his way at 'new Fox'
Seemingly out of the blue, Lachlan Murdoch, then all of 33, had abdicated as the heir apparent to one of the world's most powerful media dynasties