News

As the 92-year-old billionaire steps down as chairman of his empire, a look back at how he changed the landscape of newspapers, TV, movies and politics—and the coming fight over, yes, succession.

Cisco notched its worst day in five months after unveiling the largest takeover in its history.

Rupert Murdoch will step down from News Corp and the Fox Corp. after decades at the helm of the right-leaning news giant.

Rupert described his eldest son as a “passionate, principled leader” in a statement naming his successor.

Murdoch’s eldest son Lachlan will take over in November.

Teach a [person] how to fish and you feed him for a lifetime – Chinese proverb.

When Dominique Lyone, founder of the $300 million Australian workplace product solutions firm COS, stepped down from his role as CEO of the company in 2021, daughters Belinda and Amie knocked their heads together to figure out who was best suited to the job.

Australian hospitality tech platform Ordermentum has acquired food marketplace Foodbomb and raised $16 million in a bid to accelerate its national growth strategy and to further digitise the food and beverage industry.

The so-called stablecoin has bankrolled German bitcoin miner Northern Data’s pivot to powering AI startups with a purchase of 10,000 of Nvidia’s top of the line AI chips.

After Roark Capital’s $9.7 billion winning bid for the sandwich chain, Neal Aronson faces his biggest fast-food challenge yet.