India  

Rupert Murdoch to Step Down As Head of Fox Corp and News Corp

Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
Rupert Murdoch to Step Down As Head of Fox Corp and News Corp

Rupert Murdoch to Step Down As Head of Fox Corp and News Corp

Rupert Murdoch , to Step Down As Head of, Fox Corp and News Corp.

According to a news release, Murdoch will become chairman emeritus of both corporations.

For my entire professional life, I have been engaged daily with news and ideas, and that will not change.

But the time is right for me to take on different roles, Rupert Murdoch, news release, via NBC.

In my new role, I can guarantee you that I will be involved every day in the contest of ideas, Rupert Murdoch, news release, via NBC.

Murdoch's older son, Lachlan, will be named the sole chairman of both companies, NBC News reports.

I congratulate my father on his remarkable 70-year career, Lachlan Murdoch, statement, via NBC.

We thank him for his vision, his pioneering spirit, his steadfast determination, and the enduring legacy he leaves to the companies he founded and countless people he has impacted, Lachlan Murdoch, statement, via NBC.

NBC reports that Murdoch transformed a small Australian newspaper business into a massive international media empire, which includes a movie studio and television network.

In 1996, Murdoch founded Fox News, a 24/7 network meant to compete with CNN, which has emerged as a pillar of modern conservative media.

In April, Fox Corporation and Fox News avoided a high-profile trial with a $787.5 million settlement for promoting conspiracy theories regarding the 2020 election.

.

In April, Fox Corporation and Fox News avoided a high-profile trial with a $787.5 million settlement for promoting conspiracy theories regarding the 2020 election.


You Might Like


💡 newsR Knowledge: Other News Mentions

Rupert Murdoch Rupert Murdoch Business magnate (born 1931)

Prince Harry Loses Court Bid to Name Rupert Murdoch in Tabloid Lawsuit | THR News Video [Video]

Prince Harry Loses Court Bid to Name Rupert Murdoch in Tabloid Lawsuit | THR News Video

A London judge has ruled that Prince Harry will not be able to expand his privacy lawsuit against a British tabloid to include allegations against media mogul Rupert Murdoch and Piers Morgan. After filing a lawsuit against U.K. tabloid The Sun's publisher News Group Newspapers, Prince Harry's lawyers were hoping to sue over claims that Murdoch and other top executives were part of an effort to conceal and destroy evidence of unlawful information gathering.

Credit: The Hollywood Reporter    Duration: 01:22Published

NBC NBC American broadcast television network

Lisa Kudrow Reveals She's Rewatching 'Friends' for Matthew Perry | THR News Video [Video]

Lisa Kudrow Reveals She's Rewatching 'Friends' for Matthew Perry | THR News Video

Lisa Kudrow says she's finally rewatching 'Friends' because of Matthew Perry. The actress has previously admitted that she couldn't bring herself to watch reruns of the beloved NBC sitcom, explaining she didn't want to risk not liking her work on the show. But in a recent interview with The Hollywood Reporter to promote her upcoming Apple TV+ series 'Time Bandits,' Kudrow revealed that she's begun to revisit old 'Friends' episodes, in large part to keep the memory of her late co-star Perry alive. Perry died October 28th, 2023, at age 54.

Credit: The Hollywood Reporter    Duration: 01:26Published
Travis Kelce Makes First Onstage Appearance With Taylor Swift [Video]

Travis Kelce Makes First Onstage Appearance With Taylor Swift

Travis Kelce , Makes First Onstage Appearance With, Taylor Swift. On June 23, at the fourth of eight London Eras Tour shows, Taylor Swift brought her all-star boyfriend, Travis Kelce, on stage for the first time. On June 23, at the fourth of eight London Eras Tour shows, Taylor Swift brought her all-star boyfriend, Travis Kelce, on stage for the first time. Kelce appeared on the diamond walkway at Wembley Stadium for his first-ever onstage appearance with Swift. Kelce appeared on the diamond walkway at Wembley Stadium for his first-ever onstage appearance with Swift. Kelce performed alongside Swift for the intro of 'I Can Do It With a Broken Heart' in the new 'Tortured Poets' era of the show. Normally, for the final transition of the show, Swift is accompanied by two male dancers who carry her to a heart-shaped couch. . NBC reports that Kelce appeared in full costume and showed off both his acting and dancing skills while on stage. The upbeat track from Swift's latest album is reportedly about the wildly successful Eras Tour and her breakup with longtime partner Joe Alwyn in 2023. . The upbeat track from Swift's latest album is reportedly about the wildly successful Eras Tour and her breakup with longtime partner Joe Alwyn in 2023. . The pair's high-profile relationship has been going on for almost a year, beginning with rumors last summer. In September, the couple went public with their relationships at a Kansas City Chiefs game against the Chicago Bears. According to NBC, Kelce had already attended a number of Swift's London Eras shows. . Earlier this week, Swift posted a picture to Instagram of her and Kelce with Prince William, Prince George and Princess Charlotte, who also attended the June 20 show. Earlier this week, Swift posted a picture to Instagram of her and Kelce with Prince William, Prince George and Princess Charlotte, who also attended the June 20 show

Credit: Wibbitz Top Stories    Duration: 01:31Published
Supreme Court Rejects Challenge to Tax Law on Foreign Investments [Video]

Supreme Court Rejects Challenge to Tax Law on Foreign Investments

Supreme Court Rejects , Challenge to Tax Law on, Foreign Investments. On June 20, the Supreme Court upheld a tax on foreign corporate investments enacted by a Republican-controlled Congress under former President Donald Trump. On June 20, the Supreme Court upheld a tax on foreign corporate investments enacted by a Republican-controlled Congress under former President Donald Trump. NBC reports that the case had attracted scrutiny when conservative Justice Samuel Alito refused to recuse himself despite ties with one of the challenging lawyers. The case revolved around whether an individual can be forced to pay taxes on investments in foreign-owned companies regardless of if they were a source of income. The case revolved around whether an individual can be forced to pay taxes on investments in foreign-owned companies regardless of if they were a source of income. According to the 16th Amendment of the Constitution, Congress has the power to "collect taxes on incomes.". In the case, Charles and Kathleen Moore claim they were unfairly taxed on their $40,000 investment in an India-based company called KisanKraft Machine Tools. . While the company made a profit, the Moores claim that they received no dividends and that the money was reinvested in the business. As a result, the Moores did not pay taxes between 2006 and 2017 on what the U.S. government later defined as income from their investment. . Due to a provision that was part of a major tax law enacted by former President Donald Trump in 2017, the Moores paid $15,000 in additional taxes. They later sought a refund for that payment, arguing that they had been unlawfully taxed based on an increase in the value of a capital investment not qualifying as income. The couple's challenge was rejected by the Supreme Court 7-2

Credit: Wibbitz Top Stories    Duration: 01:30Published
Surgeon General Wants Social Media to Include Warning of Mental Health Risks [Video]

Surgeon General Wants Social Media to Include Warning of Mental Health Risks

Surgeon General Wants, Social Media to Include , Warning of Mental Health Risks. On June 17, Surgeon General Vivek Murthy called on Congress to require social media platforms to give users a tobacco-style warning. . On June 17, Surgeon General Vivek Murthy called on Congress to require social media platforms to give users a tobacco-style warning. . NBC reports that Murthy warned that the mental health crisis among young Americans has become an urgent problem, citing social media as "an important contributor.". NBC reports that Murthy warned that the mental health crisis among young Americans has become an urgent problem, citing social media as "an important contributor.". According to Murthy, the warning would include language that alerts users to potential mental health harms associated with using social media. A surgeon general’s warning label, which requires congressional action, would regularly remind parents and adolescents that social media has not been proved safe, Vivek Murthy, U.S. Surgeon General, via NBC. Evidence from tobacco labels shows that surgeon general’s warnings can increase awareness and change behavior, Vivek Murthy, U.S. Surgeon General, via NBC. Murthy reportedly went on to acknowledge that a warning alone has limitations and fails to make social media safe. In an op-ed published in 'The New York Times,' Murthy linked the amount of time spent using social media with an increased risk for children to develop anxiety and depression. In an op-ed published in 'The New York Times,' Murthy linked the amount of time spent using social media with an increased risk for children to develop anxiety and depression. According to the American Psychological Association, teens spend around five hours a day on popular platforms like Instagram, TikTok and YouTube. . In his 'NYT' op-ed, Murthy called on all social media platforms to "proactively enhance and contribute to the mental health and well-being of our children.". One 2019 study found that the number of teens with suicidal thoughts increased 47% between 2008 and 2017, a period which also saw social media use soar.

Credit: Wibbitz Top Stories    Duration: 01:31Published
Jelly Roll Calls Duet With Eminem the ‘Coolest Moment’ of His Career to Date [Video]

Jelly Roll Calls Duet With Eminem the ‘Coolest Moment’ of His Career to Date

Jelly Roll Calls Duet With Eminem , the ‘Coolest Moment’ of His Career to Date. Jelly Roll performed a surprise duet with Eminem on NBC's 'Live From Detroit: The Concert at Michigan Central.'. Jelly Roll performed a surprise duet with Eminem on NBC's 'Live From Detroit: The Concert at Michigan Central.'. In an interview with 'Entertainment Tonight' on June 10, the singer shared how elated he was. When I think about coolest moments of my career, right now at the top, there has to be this thing that I got to go sing with Eminem in Detroit, Jelly Roll, to 'Entertainment Tonight'. I got to sing ‘Sing for the Moment’ with him, which is a record where he sampled Steven Tyler. , Jelly Roll, to 'Entertainment Tonight'. I mean, just what an incredible night and I got to go do it in Detroit. It was unreal. , Jelly Roll, to 'Entertainment Tonight'. Jelly Roll went on to reveal that Eminem was the one who reached out to him to perform. . Em reached out, his team reached out and said, ‘Would you be interested in doing this since he was already there doing the secret tribute?', Jelly Roll, to 'Entertainment Tonight'. I couldn’t believe it. I thought it was a joke until I met Eminem himself … As soon as I met Eminem, it was like the coolest moment ever, man, Jelly Roll, to 'Entertainment Tonight'. I was giddy, like a child. You could see it all over my performance. Just the kid in me. , Jelly Roll, to 'Entertainment Tonight'. Jelly Roll is currently working on his new album, a follow-up to 2023's 'Whitsitt Chapel.'. I have been drowning in this album. I’ve never wrote more songs. I’ve never took it more serious and I’m probably gonna release more music this year than I’ve ever released in a year of my career. , Jelly Roll, to 'Entertainment Tonight'

Credit: Wibbitz Top Stories    Duration: 01:31Published

Fox News Fox News American conservative cable news channel

'If Nukes Launched...?’ Fox News Trolls White House Over Biden's Unavailability of Post 8 PM [Video]

'If Nukes Launched...?’ Fox News Trolls White House Over Biden's Unavailability of Post 8 PM

Fox News reporter Peter Doocy and White House Press Secretary Karine Jean-Pierre clashed over President Biden's plan to limit events after 8 PM. Doocy sarcastically questioned late-night decision-making, while Jean-Pierre insisted Biden was joking. The exchange highlighted tensions between the press and the White House. Biden's campaign team defended his schedule, comparing it to previous presidents and contrasting it with Trump's habits. #FoxNews #PeterDoocy #KarineJeanPierre #WhiteHouse #WhiteHousePressBrief #WhiteHousenews #USnews #Biden #JoeBiden #Oneindia #Oneindianews ~HT.178~PR.320~ED.101~GR.124~

Credit: Oneindia    Duration: 03:39Published
Spinach Recalled After Testing Positive for Listeria [Video]

Spinach Recalled After Testing Positive for Listeria

Spinach Recalled , After Testing Positive for Listeria. Over 40 spinach products are being recalled after testing positive for the bacterial illness, according to federal health officials. . The recall for "Fresh Spinach" was issued by Solata Foods LLC in New York, Fox News reports. . The spinach was tested by the New York State Department of Agriculture and Market Food Inspectors. Listeria was found in a "9-ounce package of Bogopa fresh spinach," Fox News reports. . Production of the product has been halted. Consumers are being advised to return the affected product for a refund. . No illnesses have been reported yet. People who consume listeria can develop listeriosis, which ranges in severity and can last up to several weeks. Symptoms include "fever, muscle aches, nausea, vomiting, and diarrhea," Fox News reports. Serious cases can result in "headache, stiff neck, confusion, loss of balance and convulsions," Fox News reports. The bacterial infection can be fatal in children and other susceptible people.

Credit: Wibbitz Top Stories    Duration: 01:31Published
Boycotts Lead SXSW to Drop US Military Sponsors for 2025 Festival [Video]

Boycotts Lead SXSW to Drop US Military Sponsors for 2025 Festival

Boycotts Lead SXSW to, Drop US Military Sponsors, for 2025 Festival. On June 26, South by Southwest (SXSW) announced that the United States Army would no longer be sponsoring the 2025 festival after boycotts by artists and panelists occurred in 2024. On June 26, South by Southwest (SXSW) announced that the United States Army would no longer be sponsoring the 2025 festival after boycotts by artists and panelists occurred in 2024. After careful consideration, we are revising our sponsorship model. As a result, the U.S. Army, and companies who engage in weapons manufacturing, will not be sponsors of SXSW 2025, SXSW statement, via Fox News. Fox News reports that over 80 artists and panelists pulled out of the 2024 festival "in solidarity with Palestine," according to the Austin for Palestine coalition. Fox News reports that over 80 artists and panelists pulled out of the 2024 festival "in solidarity with Palestine," according to the Austin for Palestine coalition. The group called for a boycott of SXSW over the organization's ties to the U.S. military and weapons-manufacturing companies. . In 2024, the U.S. Army, Defense Department, , Raytheon and L3Harris , all sponsored the SXSW festival. In 2024, the U.S. Army, Defense Department, , Raytheon and L3Harris , all sponsored the SXSW festival. We appreciated the opportunity to join South by Southwest in 2024. With U.S. Army Futures Command headquartered in Austin, we value any opportunity to join with our community to ignite discovery and make new connections. , Lt. Col. Jamie Dobson, U.S. Army Futures Command Spokesperson, via Fox News Digital. The Army will continue to seek opportunities to meet technology innovators and leaders, explore new ideas and insights, and create dynamic industry partnerships because tomorrow is worth protecting. , Lt. Col. Jamie Dobson, U.S. Army Futures Command Spokesperson, via Fox News Digital. Bands and artists participating in the boycott, including Squirrel Flower, Scowl and Okay Shalom, explained why they protested the 2024 festival. . There are many ways SXSW is harmful to working musicians, but I am pulling out specifically because of the fact that SXSW is platforming defense contractors including Raytheon subsidiaries as well as the U.S. Army, a main sponsor of the festival, Squirrel Flower, also known as Ella Williams, via Instagram. Genocide profiteers like Raytheon supply weapons to the IDF, paid for by our taxes. A music festival should not include war profiteers. I refuse to be complicit in this and withdrawl [sic] my art and labor in protest, Squirrel Flower, also known as Ella Williams, via Instagram. Genocide profiteers like Raytheon supply weapons to the IDF, paid for by our taxes. A music festival should not include war profiteers. I refuse to be complicit in this and withdrawl [sic] my art and labor in protest, Squirrel Flower, also known as Ella Williams, via Instagram

Credit: Wibbitz Top Stories    Duration: 01:31Published
McDonald’s Ends AI Drive-Thru Test With IBM [Video]

McDonald’s Ends AI Drive-Thru Test With IBM

McDonald’s Ends , AI Drive-Thru Test With IBM. Fox News reports that McDonald's has decided to end its artificial intelligence drive-thru program. . According to 'Restaurant Business,' McDonald's Chief Restaurant Officer Mason Smoot said the decision was made "after a thoughtful review.". McDonald's has decided to end our current partnership with IBM on AOT [automated order taking] and the technology will be shut off in all restaurants currently testing it no later than July 26, 2024, Mason Smoot, McDonald's Chief Restaurant Officer, via Fox News. The program, which started in 2021, saw over 100 McDonald's locations help test the new technology. While there have been successes to date, we feel there is an opportunity to explore voice ordering solutions more broadly, Mason Smoot, McDonald's Chief Restaurant Officer, via Fox News. According to Smoot, McDonald's will make "an informed decision on a future voice ordering solution by the end of the year." . The goal of the test was to determine if an automated voice ordering solution could simplify operations for crew and create a faster, improved experience for our fans, McDonald's statement, via Fox News. The company echoed Smoot's sentiment in a statement to Fox News, while also addressing the future of AI programs at McDonald's. After thoughtful review, McDonald’s has decided to end our current global partnership with IBM on AOT beyond this year. IBM remains a trusted partner and we will still utilize many of their products across our global system, McDonald's statement, via Fox News. We see tremendous opportunity in advancing our restaurant technology and will continue to evaluate long-term, scalable solutions that will help us make an informed decision on a future voice ordering solution by the end of the year, McDonald's statement, via Fox News. We see tremendous opportunity in advancing our restaurant technology and will continue to evaluate long-term, scalable solutions that will help us make an informed decision on a future voice ordering solution by the end of the year, McDonald's statement, via Fox News

Credit: Wibbitz Top Stories    Duration: 01:30Published
George Strait Sets New US Concert Attendance Record [Video]

George Strait Sets New US Concert Attendance Record

George Strait Sets New , US Concert Attendance Record. Strait played in front of 110,905 fans at Texas A&M's Kyle Field on June 15, Fox News reports. . The feat broke the all-time concert attendance record in the U.S. which was previously held by the Grateful Dead. . The feat broke the all-time concert attendance record in the U.S. which was previously held by the Grateful Dead. . In 1977, the Grateful Dead played to 107,019 fans at New Jersey's Raceway Park. . Breaking records isn't anything new for Strait. He has the most No. 1 singles in any music genre, and he's the only musician to get a top 10 hit every year for the past three decades, Fox News reports. . He's also had the most No. 1 country albums, selling over 120 million records globally. Among those in attendance at Kyle Field on June 15 were Gov. Greg Abbott and Sen. Ted Cruz. Among those in attendance at Kyle Field on June 15 were Gov. Greg Abbott and Sen. Ted Cruz

Credit: Wibbitz Top Stories    Duration: 01:30Published

Related videos from verified sources

Lawrence: Rupert Murdoch stepping down but 'Daddy will be watching' [Video]

Lawrence: Rupert Murdoch stepping down but 'Daddy will be watching'

MSNBC’s Lawrence O’Donnell analyzes the news that Rupert Murdoch will be stepping down as Chairman of News Corp. and Fox giving the media empire to his eldest son, Lachlan. O’Donnell also shares..

Credit: Rumble     Duration: 10:40Published
Episode 32: Rupert Murdoch Gone-What's Next for The Fake News? [Video]

Episode 32: Rupert Murdoch Gone-What's Next for The Fake News?

The AFC crew discusses the departure of Rupert Murdoch at FOX news along with other current news stories of the day.

Credit: RumblePublished
This Is Why Fox And News Corp Shares Surged After News Broke Rupert Murdoch Is Stepping Down Prof [Video]

This Is Why Fox And News Corp Shares Surged After News Broke Rupert Murdoch Is Stepping Down Prof

Credit: Rumble     Duration: 10:29Published