Rupert Murdoch steps down as chairman of Fox and News Corp
Rupert Murdoch is stepping back from his media empire at the age of 92. The Australian business mogul is stepping down as chairman of the board at both News Corp and Fox at their annual general meetings next month, and will instead take on the role of chairman emeritus at the companies. His son Lachlan will become News Corp's sole chair, and continue as executive chairman and chief executive of Fox. In a message to employees, Rupert told them the companies were "in robost health, as am I", and he is looking forward to the future. He wrote: "Our companies are in robust health, as am I. Our oppo...