DIRS.INFO The most relevant business & tech news

Rupert Murdoch is officially stepping down from his current role at Fox News and News Corp. He's handing the reins to his son, Lachlan Murdoch. Lachlan Murdoch was previously the executive chairman and CEO of both companies. He will hand the reins to his son, Lachlan, who will take over as sole chairman of both companies, Murdoch said in a memo to employees. "My father firmly believed in freedom," Murdoch wrote, "and Lachlan is absolutely committed to the cause."

Persons: Rupert Murdoch, Lachlan Murdoch, Lachlan, Murdoch Organizations: Fox News, News Corp, Service, Fox Corporation Locations: Wall, Silicon

☆ Rupert Murdoch steps down as Fox and News Corp. chairman, sending shockwaves through media and politics
▼ + stars: | 2023-09-21 | by ( Oliver Darcy | ) edition.cnn.com time to read: +6 min

New York CNN —Rupert Murdoch, the powerful right-wing media mogul who built and oversaw one of the world’s most influential news empires, announced Thursday that he will step down as chairman of his companies, Fox Corporation and News Corporation. Lachlan Murdoch steps inLachlan Murdoch will take over as chairman of Fox and News Corporation. Evan Agostini/Invision/APStepping into his shoes, Murdoch’s eldest son, Lachlan, who already serves as chief executive of Fox Corporation, will become sole chairman of both companies. In 1986, Murdoch got into the television business after he purchased several US television stations and created Fox Broadcasting. In recent years, under Murdoch, Fox News has advanced baseless conspiracy theories, including the Covid-19 pandemic and the 2020 presidential election.

Persons: Rupert Murdoch, ” Murdoch, Murdoch, Donald Trump’s, Lachlan Murdoch, Evan Agostini, Lachlan, ”, Rupert, “, ” Rupert Murdoch, Trump, oilman Marvin Davis, Donald Trump, Bill Hemmer, Hemmer, Dana Perino Organizations: New, New York CNN, Fox Corporation, News Corporation, “, ”, Fox and News Corporation, Wall Street Journal, New York, Republican Party, Fox News, CNN, Australian, UK’s, The Times, Sunday Times of, Century Fox, Fox Broadcasting, Sky, Comcast, Fox, Disney, Fox Sports, Fox News Fox News, Voting Systems, Dominion Locations: New York, cahoots, Sunday Times of London, Britain, America

Over the years, Murdoch's family has also risen into the spotlight — accompanied by stories of vindictive business tactics and inter-family rivalries. WHO IS LACHLAN MURDOCH? Lachlan has been CEO for Fox Corp. since 2019, following Disney's acquisition of 21st Century Fox. Lachlan rose to executive ranks of the family business, then known collectively as News Corp, in the 1990s and early 2000s. James Murdoch is Lachlan's younger brother, also among the children from their father's second marriage.

Persons: Rupert Murdoch, Lachlan, Murdoch, Australia —, James, Elisabeth, Prudence, ” Murdoch, LACHLAN MURDOCH, Lachlan Murdoch, Anna, —, Fox's, Roger Ailes, JAMES MURDOCH, James Murdoch, James —, ” James, Murdochs, ELISABETH MURDOCH, Elisabeth Murdoch, Murdoch's, PRUDENCE MURDOCH MACLEOD, Prudence Murdoch MacLeod, Patricia, Prudence didn’t, CHLOE MURDOCH, Grace, Chloe Murdoch, Rupert Murdoch’s, Wendi Deng, Chloe, Kathryn Murdoch Organizations: — Media, Monday, Fox News, News Corp, HBO, Fox Corp, Fox, Century Fox, Fox Television, New York, CNN, Illyria Pty, WHO, News . Corp, Street Journal, Harvard University, Rawkus Records, Star India, Sky, British Sky Broadcasting, Sky Networks, Shine, Endemol, Times Newspapers, News UK, Yale University, Stanford University, AP Locations: Adelaide, Australia, U.S

☆ Photos: Media mogul Rupert Murdoch
▼ + stars: | 2023-09-21 | by ( ) edition.cnn.com time to read: +1 min

Rupert Murdoch announced Thursday that he will step down as chairman of Fox Corporation and Fox News. It's now a massive multimedia empire that spans the globe and includes TV, online, film and print interests. Murdoch, 92, owns hundreds of publishing outlets across the world and is one of the richest and most powerful people in the world. "Murdoch is the most ruthless businessman in world history," said Roger Stone, political strategist and ally of former President Donald Trump. I hope to be able to leave them a great opportunity like my father left me," Murdoch said.

Persons: Rupert Murdoch, It's, Murdoch, Roger Stone, Donald Trump Organizations: Fox Corporation, Fox News, News Corp, HBO Locations: Australia

☆ Rupert Murdoch completes the real-life 'Succession' story. Here's how his son Lachlan rose to the top.
▼ + stars: | 2023-09-21 | by ( Madeline Berg | ) www.businessinsider.com time to read: +6 min

Rupert Murdoch announced he is stepping down as the leader of Fox and News Corp.His elder son, Lachlan, will take over both companies, ending a decades-long family drama. She quit the family business years ago. AdvertisementAdvertisementThat left Lachlan and James, who have passed the title of successor between the two of them over the decades. For much of the 2000s and 2010s, it seemed as if James would eventually take over the family business. AdvertisementAdvertisementMeanwhile, Murdoch's favorite son, Lachlan, has been a Roman Roy-esque wild card, with the same right-wing politics as the "Succession" character.

Persons: Rupert Murdoch, Lachlan, HBO's, Lachlan Murdoch, Murdoch, —, Logan Roy, I'm, Murdoch's, Michael Wolff, — Elisabeth, James —, Murdoch didn't, Jonathan Mahler, Jim Rutenberg, Elisabeth, Siobhan Roy, James, Kendall Roy, Wolff, Kendall, Roman Roy, Fair's Gabriel Sherman, Lachlan weren't, Sherman Organizations: Fox, News Corp, Service, Fox Corp, Fox News, Street, New, New York Post, Fair, New York Times, Wall, Century Fox, latter's, New York Magazine Locations: Wall, Silicon, New York, Roman, Australia

☆ Rupert Murdoch: the billionaire mogul at the helm of a global media empire
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +3 min

Media mogul Rupert Murdoch leaves his home in London, Britain March 4, 2016. Murdoch wed former supermodel Jerry Hall in a low-key ceremony in central London on Friday, the fourth marriage for the media mogul. REUTERS/Stefan Wermuth/File Photo Acquire Licensing RightsSept 21 (Reuters) - Rupert Murdoch stepped down as the chairman of Fox Corp (FOXA.O) and News Corp (NWSA.O) on Thursday, ending a long reign that saw him develop and lead a global media empire. SPLIT OF THE MURDOCH EMPIREBowing to pressure from shareholders, Murdoch separated News Corp's (NWSA.O) publishing and entertainment assets in 2013. Murdoch reportedly has an unflattering opinion of the former president and has also criticized Fox News anchors for siding with Trump.

Persons: Rupert Murdoch, Murdoch, Jerry Hall, Stefan Wermuth, Ann Lesley Smith, Michael Bloomberg, Donald Trump, Niket Nishant, Noor Zainab Hussain, Saumyadeb Organizations: Fox Corp, News Corp, Daily Express, San, Murdoch's, New York Times, Fox News, Trump, Forbes, Thomson Locations: London, Britain, Australia, United States, U.S, New York City, San Francisco, Bengaluru

☆ Stocks making the biggest moves midday: Splunk, Cisco, Broadcom, Fox and more
▼ + stars: | 2023-09-21 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Cisco Systems , Splunk — Shares of Cisco fell 3.9% Thursday after the company said it is acquiring cybersecurity software company Splunk for $157 per share in a cash deal worth about $28 billion. KB Home posted its fiscal third-quarter report Wednesday evening, reporting earnings of $1.80 per share on revenue of $1.59 billion. Analysts polled by LSEG, formerly known as Refinitiv, called for earnings of $1.43 per share and revenue of $1.48 billion. Broadcom — Shares of Broadcom moved lower by almost 2.7%. Klaviyo — The marketing automation company stock closed Thursday roughly 2.9% higher.

Persons: Rupert Murdoch, Eli Lilly —, Klaviyo, Horton —, PulteGroup, Horton, Zillow, CNBC's David Faber, —, Alex Harring, Tanaya Macheel, Samantha Subin Organizations: Broadcom, Cisco Systems, Cisco, KB, LSEG, Fox Corporation, News, News Corp, Broadcom —, Google, CNBC, Klaviyo, New York Stock Exchange, Zillow, FedEx —, FedEx, Paramount, Netflix, Disney, Writers Guild of America, Wednesday Locations: San Jose , California

☆ Who is Lachlan Murdoch, the new chairman of Fox and News Corp?
▼ + stars: | 2023-09-21 | by ( Allison Morrow | ) edition.cnn.com time to read: +2 min

Rupert Murdoch, one of the most powerful media tycoons of the modern era, is stepping down as chairman of Fox Corporation and News Corporation at the age of 92 and handing the reins to his 52-year-old son. The takeover planning appeared to begin in 2015, when Rupert named Lachlan and his brother James Murdoch as co-chairmen of 21st Century Fox. James later left the company, and Lachlan became CEO of the Fox Corporation in 2019, following Disney’s acquisition of 21st Century Fox. With his father’s departure, Lachlan will become the sole chairman of both Fox and News, after having co-chaired the company for years. It’s unclear whether right-wing cable network’s pro-Trump rhetoric will change with Lachlan Murdoch more fully in the driver’s seat.

Persons: Murdoch, Rupert Murdoch’s, Lachlan, Rupert Murdoch, Rupert, James Murdoch, James, ” Lachlan Murdoch, Lachlan Murdoch, Trump, Tucker Carlson, Sean Hannity, Laura Ingraham, Paddy Manning, Sarah, Anna Torv, Elisabeth Organizations: New, New York CNN, Fox Corporation, News Corporation, Century Fox, Fox, Trump, CNN, Capitol, Princeton Locations: New York, Australian, Sydney, Lachlan, London, United States, Australia

☆ Rupert Murdoch is stepping down from running Fox and News Corp. and is handing the reins to his son Lachlan
▼ + stars: | 2023-09-21 | by ( Rebecca Cohen | Lucia Moses | ) www.businessinsider.com time to read: +4 min

Rupert Murdoch is stepping down from his role at Fox and News Corp., according to a company statement. "For my entire professional life, I have been engaged daily with news and ideas, and that will not change," Murdoch wrote. AdvertisementAdvertisementIt's unclear how Murdoch's media empire will change post-Rupert. Lachlan Murdoch, 52, has been CEO since 2019 after the baton switched back and forth between him and his brother James as to who would succeed their father. And while he's privately criticized Trump, he's also said that the Fox audience supports the former president, suggesting he knows that supporting Trump is good for Fox's business, CNN has reported.

Persons: Rupert Murdoch, Murdoch, Lachlan, Lachlan Murdoch, Trump, Jeanine Pirro, Maria Bartiromo, Lou Dobbs, Rudy Giuliani, Sidney Powell, Donald Trump, James, Rupert, He's, Tucker Carlson, he's Organizations: Fox, News Corp, Fox Corp ., Fox News, London, Voting, Dominion, Google, Meta, Street Journal, Hollywood, Fox Nation, CNN Locations: Rupert, FanDuel

NEW YORK (AP) — Rupert Murdoch, the 92-year-old Australian media magnate whose creation of Fox News made him a force in American politics, is stepping down as leader of both Fox's parent company and his News Corp. media holdings. Fox said Thursday that Murdoch would become chairman emeritus of both companies, effective at board meetings in November. Stock in Fox Corp., while positive this year, began to decline early in 2022, due in part to lawsuits and investor anxiety over the loss of viewers to smaller media outlets. While Murdoch never ran for political office, politicians in the United States and Britain anxiously sought his approval. Murdoch dismissed them as isolated instances that were “largely political because we're conservative.”Shares of News Corp. and Fox rose Thursday in early trading.

Persons: — Rupert Murdoch, Fox, Murdoch, Lachlan, Lachlan Murdoch, Rupert Murdoch, Tucker Carlson, Michael Wolff, ”, Paolo Pescatore, ” Murdoch, James, Elisabeth, Prudence, Donald Trump, Wolff, Trump, Ron DeSantis, DeSantis, Britain's, Roger Ailes, Bill O'Reilly, ___, Kelvin Chan, Jill Lawless Organizations: Fox News, News Corp, Fox Corp, Fox, ABC, CBS, NBC, Street Journal, New York, Walt Disney Co, Marvel, Geographic, Channel, CNN, MSNBC, Stock, “, Foresight, HBO, Forbes, Florida Gov, Sky, Sunday Times, Sun Locations: Adelaide, Australia, United States, Britain, Sky, London

☆ Smartmatic lawyer says Rupert Murdoch is like a 'mafia boss' who 'ordered a hit' with Fox News
▼ + stars: | 2023-09-20 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

A Smartmatic lawyer compared Rupert Murdoch to a "mafia boss" in a court hearing Wednesday. The company says Fox News and parent company Fox Corp. defamed it through 2020 election conspiracy theories. Rupert and Lachlan Murdoch "ordered a hit" on Smartmatic, the Smartmatic lawyer argued. Connolly made the extended analogy to argue that Fox Corp., the parent company of Fox News, shouldn't escape liability in the case. Erin Murphy, an attorney representing both Fox Corp. and Fox News, argued that it wasn't enough to show that the Murdochs were generally involved in shaping Fox News's editorial coverage.

Persons: Rupert Murdoch, Rupert, Lachlan Murdoch, Johnny, Erik Connolly, who's, doesn't, Connolly, Lachlan, Suzanne Scott, Jay Wallace, Donald Trump's, Erin Murphy, Smartmatic, Murphy, Rudy Giuliani, Sidney Powell —, Joe Biden, Trump, Jean Catuffe, David B, Cohen, Powell, Giuliani Organizations: Fox News, Fox Corp, Service, Fox, Trump, Republican, Dominion, Newsmax, New Locations: Wall, Silicon, Smartmatic, Manhattan

☆ Michael Wolff’s juicy book on Fox News is set to hit shelves. Here’s why readers should be cautious when diving into it
▼ + stars: | 2023-09-19 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

In the forthcoming book, a copy of which CNN obtained in advance of its release, Wolff makes a number of shocking and explosive claims. Suzanne Scott feared she would lose her job as chief executive of Fox News amid the Dominion lawsuit, he reports. And Fox sources tell me that Wolff made no attempt to fact check his book with either Fox News or its parent company, Fox Corporation. With Fox News, where an author might be basing major claims using less-than-reliable sources, the risks are more pronounced, making such reporting efforts even more paramount. Fox News, for its part, is choosing not to respond to the specific claims Wolff makes in the book.

Persons: Michael Wolff, Murdoch, ”, Wolff, Rupert Murdoch, Sean Hannity, Suzanne Scott, Critics, Walter Isaacson, Elon Musk, Isaacson, Musk, Bret Baier, Jesse Watters, “, ” Wolff, Murdoch’s, ‘ Organizations: CNN, Fox News, Dominion, Elon, Eastern, Musk, Washington Post, Fox Corporation Locations: Manhattan’s Greenwich, Russian, Crimea

NEW YORK (AP) — New York City's pension funds and the state of Oregon sued Fox Corporation on Tuesday, alleging the company harmed investors by allowing Fox News to broadcast falsehoods about the 2020 election that exposed the network to defamation lawsuits. New York City's pension funds are long-term shareholders of Fox Corporation, with shares valued at $28.1 million as of the end of July. In a statement, Oregon Attorney General Ellen Rosenblum said the Fox breached its fiduciary duties by disregarding legal risks. “The directors’ choices exposed themselves and the company to liability and exposed their shareholders to significant risks," she said. “That is the crux of our lawsuit, and we look forward to making our case in court.”

Persons: ”, Brad Lander, Fox's, Donald Trump's, “, Democrat Joe Biden, Lachlan Murdoch, Ellen Rosenblum Organizations: —, Fox Corporation, Fox News, Voting Systems, Oregon, Dominion, Democrat, Fox Corp, Smartmatic, Fox Locations: York, Oregon, Delaware, New York City, Trump, Smartmatic USA

☆ Fox Sued by New York City Pension Funds Over Election Falsehoods
▼ + stars: | 2023-09-12 | by ( Katie Robertson | More About Katie Robertson | ) www.nytimes.com time to read: +1 min

The State of Oregon, representing Oregon’s public employees retirement fund, joined the New York City funds in their lawsuit against Fox. The lawsuit, which was filed in Delaware, was shared with The New York Times. It will remain under seal at the court for five days to allow time for redactions before it is made public. The board includes the media mogul Rupert Murdoch and his son Lachlan Murdoch, who control the company. Fox has faced numerous legal battles in the wake of its promotion of election conspiracy theories.

Persons: Fox, Donald J, Trump, “, ”, Rupert Murdoch, Lachlan Murdoch Organizations: New, Fox, Fox Corporation, The New York Times, redactions, Fox News, Dominion Locations: Oregon, New York City, Delaware

Fox, which has maintained it is proud of its dishonest 2020 election coverage, still faces an even larger, $2.7 billion lawsuit from election technology company Smartmatic. That is the crux of our lawsuit, and we look forward to making our case in court.”A spokesperson for Fox Corporation declined to comment on the lawsuit. A spokesperson for the New York City Comptroller’s office said the pension funds held 857,000 shares of Fox Corporation stock valued at $28.10 million. Fox Corporation, led by Rupert and Lachlan Murdoch, has kept the current Fox News leadership team that oversaw the network’s lie-filled 2020 coverage in place. Earlier this year, Fox News settled a defamation case with a Venezuelan businessman who had filed a lawsuit against the company over its 2020 election coverage.

Persons: “, Brad Lander, ” Ellen Rosenblum, ”, Rupert, Lachlan Murdoch, Viet Dinh, Ray Epps, Fox, Abby Grossberg Organizations: CNN, Fox Corporation, Fox News, Fox, Voting, New, Dominion, FBI Locations: York, Oregon, Delaware, New York City, Viet, Arizona, Venezuelan

☆ Disney’s battle with Charter could pose an existential threat to the cable bundle
▼ + stars: | 2023-09-05 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

CNN —It’s a carriage fight that could lead to the dismantling — or revolution — of the cable television bundle. Charter argues that it is paying a premium for Disney content ($2.2 billion in 2023), but that much of the first-class, buzzy content is actually on platforms like Disney+, not the linear channels. And it says it has proposed “creative ways” to make Disney’s DTC offerings available to Charter subscribers. But, in Disney’s eyes, why would it give away access to its expensive DTC content at no additional cost to Charter subscribers? “The Walt Disney Company and Charter have the opportunity to work together on transforming the industry for the long-term benefit of both companies and their customers,” Charter said.

Persons: CNN —, Disney, “, Bob Iger, Chris Winfrey, ” Organizations: CNN, Disney, Charter Communications, US, NFL, ABC, ESPN, Labor, Charter, Warner Bros, Paramount, Comcast, Fox Corporation, Hulu, FuboTV, Walt Disney Company, ”

The Labor Department's report showed the August unemployment rate rose to 3.8% while wage growth slowed. The most traded stock in the S&P 500 was Tesla Inc , with $32.6 billion worth of shares exchanged during the session. For the week, the S&P 500 rose 2.50%, the Dow added 1.43% and the Nasdaq climbed 3.25%. Advancing issues outnumbered falling ones within the S&P 500 (.AD.SPX) by a 2.1-to-one ratio. The S&P 500 posted 28 new highs and 20 new lows; the Nasdaq recorded 84 new highs and 90 new lows.

Persons: Keith Buchanan, Walt Disney, Brendan McDermid, Lululemon, Rosalind Brewer, Shristi Achar, Noel Randewich, Sruthi Shankar, Shounak Dasgupta, Richard Chang Organizations: Dell, Nasdaq, Dow, Disney, Charter Communications, Labor, Federal Reserve, GLOBALT Investments, ESPN, Charter's, Warner Bros Discovery, Paramount Global, Fox Corp, Tesla Inc, New York Stock Exchange, REUTERS, Dow Jones, Broadcom, Dell Technologies, Walgreens Boots Alliance, Thomson Locations: Atlanta, U.S, New York City, Bengaluru, Oakland , California

Spectrum is the second largest U.S. cable provider, serving 14.7 million homes across large markets such as New York and Los Angeles. Shares of Disney dropped 2.65% to a three-year low while Charter lost 3.4%. Warner Brothers Discovery Inc (WBD.O) fell 10%, Fox Corp (FOXA.O) shed 6%, Paramount Global (PARA.O) dropped 8%, while Comcast Corp (CMCSA.O), the largest U.S. cable provider, was down nearly 3%. Charter said Disney rejected its proposal for a new distribution deal that takes into account the rise of competing low-cost streaming services, which has fueled cord-cutting among its customers. The cable provider said it pays Disney $2.2 billion in annual programming costs, excluding advertising.

Persons: Brendan McDermid, Hogan, Disney, Dennis Dick, Chibuike Oguh, Amruta Khandeka, Khushi Singh, Michelle Price, Richard Chang Organizations: Walt Disney Company, New York Stock Exchange, REUTERS, Fox Corp, Warner Brothers Discovery Inc, Disney, Charter Communications, ESPN, ABC, Hollywood, Charter, Paramount Global, Comcast Corp, U.S, Riley, Triple D, Thomson Locations: New York, U.S, Los Angeles, Hollywood, Bengaluru

☆ US FCC will release public comments on bid to deny Fox TV station license renewal
▼ + stars: | 2023-08-23 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

A man walks past the logo of Fox Networks Group during the annual MIPCOM television programme market in Cannes, France, October 16, 2018. The FCC said it was opening a public docket allowing for release of comments and presentations, saying permitting broader participation will serve the public interest. A Fox Television spokesperson on Wednesday said the "petition to deny the license renewal of WTXF-TV is frivolous, completely without merit and asks the FCC to upend the First Amendment and long-standing FCC precedent." The FCC, an independent federal agency, does not license broadcast networks, but issues them to individual broadcast stations on a staggered basis for eight-year periods. Fox cited FCC Chair Jessica Rosenworcel's comments in 2017 opposing Trump's suggestion the FCC could revoke the broadcast license for Comcast's (CMCSA.O) NBC over coverage of his administration.

Persons: Eric Gaillard, Fox, Joe Biden, Donald Trump, Jessica Rosenworcel's, Rosenworcel, David Shepardson, Sonali Paul Organizations: Fox Networks Group, REUTERS, Rights, U.S . Federal Communications Commission, Fox Television Stations, The Media, Democracy, Fox, U.S . Capitol, FCC, Fox Corp, Dominion Voting Systems, Republican, Fox Television, FOX, Philadelphia, NBC, Thomson Locations: Cannes, France, Philadelphia, U.S

☆ Lachlan Murdoch pays over $800,000 in legal fees to Australian publisher after abandoning defamation suit
▼ + stars: | 2023-08-22 | by ( Liam Reilly | ) edition.cnn.com time to read: +3 min

CNN —Lachlan Murdoch, Fox Corporation’s chief executive, paid substantial legal fees to Private Media, which publishes the scrappy Australia-based news outlet Crikey, after abandoning his defamation lawsuit against the outlet. So, $1,306,739 Australian ($839,207.39 US) to cover Private Media’s legal costs, more than the $1.1 million Australian ($705,000 US) that had been sought by the outlet. Private Media, which had crowdfunded its legal defense against Murdoch, pledged to donate $588,735 Australian ($377,555 US) — all of the money it had raised — to the Alliance for Journalists’ Freedom. Will Hayward, the chief executive of Private Media, said he was “delighted” to be able to donate the funds. “This includes campaigning for a Media Freedom Act, supported by a voluntary membership that will recognize quality journalism.”

Persons: Lachlan Murdoch, Fox, John Churchill, Murdoch, Crikey, unindicted, ”, doesn’t, Donald Trump, “, “ Crikey, Mr Murdoch, Churchill, Will Hayward, ” Hayward, Peter Greste Organizations: CNN, Fox Corporation’s, Private Media, Capitol, Fox Corp ., Fox News, Dominion, Systems, Alliance for Journalists ’ Locations: Australia

The former president has told aides that he has made up his mind not to participate in the debate and has decided to post an online interview with Tucker Carlson that night instead, according to people briefed on the matter. Upstaging Fox’s biggest event of the year would be provocation enough. The decision is a potential source of aggravation for the Republican National Committee chairwoman, Ronna McDaniel, who privately urged him to attend, including in her own visit to Bedminster last month. But Mr. Trump’s primary motive in skipping the debate is not personal animosity toward Ms. McDaniel but a crass political calculation: He doesn’t want to risk his giant lead in a Republican race that some close to him believe he must win to stay out of prison. They spoke on the condition of anonymity because they were not authorized to speak for the campaign.

Persons: Tucker Carlson, Upstaging, Carlson —, Trump, Ronna McDaniel, McDaniel, that’s, Fox —, Rupert Murdoch — Organizations: Republican National, Republican, Fox Corporation Locations: Bedminster

☆ Rupert Murdoch's new girlfriend always had a touch of glamour even as a research scientist in the 2000s, former colleague says
▼ + stars: | 2023-08-18 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +4 min

A former colleague told Insider he was aware she had a glamorous lifestyle. Rupert Murdoch's new flame, 66-year-old former scientist Elena Zhukova, always had a touch of glamor about her, but didn't flaunt it when she worked in the lab, a former colleague told Insider. Lee Slice, who shared an office with Zhukova in UCLA in the 2000s, told Insider he "wasn't really surprised" to see the retired molecular biologist on Murdoch's arm. "That was sort of a circle she interacted with, as well as the scientific community," Slice told Insider. Zhukova took her work as a scientist seriouslySlice said that at work, Zhukova was a fairly private person and that her lifestyle was not really visible in the office.

Persons: Elena Zhukova, Ruper, Rupert Murdoch's, Lee Slice, wasn't, Zhukova, Rupert Murdoch, Ann Lesley Smith, Westwood, Alexander Zhukova, Slice, It's, Dasha, Roman Abramovich, Stavros Niarchos II, Stavros Niarchos Organizations: Morning, Zhukova, UCLA, Fox Corp, Guardian, National Institutes of Health, Playboy, Yorker, Baylor College of Medicine, University of California, Financial Times, Tatler, Chelsea FC, Dasha Locations: Bethesda, Westwood, Beverly Hills, Los Angeles, Moscow, Soviet Union, Houston, British, Russian

☆ Rupert Murdoch, 92, is dating again after breaking off his engagement to Ann Lesley Smith 4 months ago
▼ + stars: | 2023-08-17 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +1 min

Media mogul Rupert Murdoch, 92, has a new girlfriend, Elena Zhukova. Murdoch met Zhukova at a family gathering hosted by one of his ex-wives, per The Guardian. Zhukova is a retired biologist and was previously married to Russian billionaire, Alexander Zhukov. Fox Corp. Chairman Rupert Murdoch is back on the dating scene again, four months after he called off an engagement with another woman. Earlier this year, Murdoch had announced plans to wed Ann Lesley Smith, a former conservative radio host.

Persons: Rupert Murdoch, Elena Zhukova, Murdoch, Zhukova, Alexander Zhukov, Wendi Deng, Ann Lesley Smith, Cindy Adams Organizations: Guardian, Fox Corp, Daily Mail, New York Locations: Russian

☆ A top lawyer who oversaw the Fox News and Dominion settlement is stepping down with a $23 million exit package
▼ + stars: | 2023-08-12 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +2 min

Fox's top lawyer is stepping down just a few months after the company's mammoth Dominion settlement. Viet Dinh will receive a $23 million lump sum payment when he exits as chief legal officer later this year. Dinh was a key confidant of the Murdochs and is godfather to Fox Corp CEO Lachlan's son. One of Fox's most prominent lawyers and a key player in the Dominion settlement is stepping down from his influential role at the company, and will take home a $23 million exit package. Dominion sued Fox for $1.6 billion after the group's news channel raised doubts about the Dominion's voting machines following the 2020 presidential elections.

Persons: Viet Dinh, Dinh, Lachlan Murdoch, Murdoch, Dinnh, pitbull, George Bush, Fox Organizations: Fox Corp, Morning, Securities and Exchange Commission, FOX, Century Fox, Fox, Disney, Dominion Locations: Viet, Dominion, Republican

☆ Fox's legal head to step down in another major exit after Dominion settlement
▼ + stars: | 2023-08-11 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Mike Segar/File PhotoAug 11 (Reuters) - Fox Corp (FOXA.O) said on Friday that Chief Legal Officer Viet Dinh was stepping down, a high-profile exit that follows its $787.5 million settlement in April of a defamation lawsuit filed by Dominion Voting Systems over its 2020 U.S. election coverage. Top-rated host Tucker Carlson agreed to part ways with Fox in April, just days after the legal resolution. As part of a separation agreement, Dinh will get a lump-sum cash payment of $23 million, Fox said. He will become a special adviser to the company after leaving the role of legal head. In June, Fox Corp also settled a lawsuit by former Fox News producer Abby Grossberg, who claimed gender discrimination and accused the network's lawyers of pressuring her to make misleading statements in the Dominion Voting Systems case.

Persons: Mike Segar, Dinh, Tucker Carlson, Fox, George W Bush, Bancroft PLLC, Kirkland & Ellis, Ng, Abby Grossberg, Chavi Mehta, David Thomas, Anil D'Silva, Shilpi Majumdar Organizations: Fox, News Corporation, Fox News, REUTERS, Fox Corp, Dominion Voting Systems, Dominion, Patriot, U.S, D.C, Kirkland &, Voting, Thomson Locations: Manhattan, New York City , New York, U.S, Washington, Bengaluru, Chicago

Search resuls for: "FOX Corp"

25 mentions found