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Rupert Murdoch steps down as Fox and News Corp chairman in favour of son Lachlan

bbc.com

Rupert Murdoch steps down as Fox and News Corp chairman in favour of son Lachlan

Media mogul Rupert Murdoch says he is stepping down as chairman of Fox and News Corp, with his son Lachlan to head both companies. In a memo to employees, Murdoch said "the time is right" for him to take on "different roles". Murdoch, 92, launched Fox Ne
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