Rupert Murdoch, the man described as “one of the world’s most influential and controversial tycoons” by the Wall Street Journal, is making a major move in his media career at the age of 92. He is handing over the leadership of Fox News and News Corp. to his 52-year-old son, Lachlan. Let’s take a …
With a net worth of $17 billion, Rupert Murdoch is undeniably one of the wealthiest individuals globally. Yet, this number only scratches the surface of his incredible influence. Today, Murdoch stepped down from his positions on the boards of Fox Corp. and News Corp., marking the end of an era. Throughout his career, Murdoch has …
Rishi Sunak, the former chancellor, had contemplated resigning after being fined for violating lockdown rules. However, executives at Rupert Murdoch’s organization intervened and convinced him to remain in his position. On April 12 of the previous year, Mr. Sunak was fined for attending a birthday gathering for then-Prime Minister Boris Johnson, who was also fined …
Pension funds in New York City and Oregon have recently filed a lawsuit against Fox Corporation, the parent company of Fox News, for its involvement in the dissemination of fake news during the 2020 election cycle. The plaintiffs include the state of Oregon and New York City, who claim that Fox’s board, including media mogul …
News Corp CEO, Robert Thomson, strongly criticized the left-wing bias and inaccuracies present in AI-generated content. He referred to it as “rubbish in, rubbish out,” while also emphasizing the potential threat that AI poses to jobs in the news industry. Thomson highlighted the fact that left-leaning media giants have been producing stories that are not …
Three former executives of Fox express regret for their involvement in the creation of the right-wing news network that dominates today’s media landscape. In a joint statement, Preston Padden, Ken Solomon, and Bill Reyner express deep disappointment for their role in giving birth to the Fox Broadcasting Company. During the 1990s, Reyner served as lead …