News
Murdoch family settles succession dispute; Lachlan in charge
Lachlan Murdoch secures control of media empire in deal ending family succession battle
Lachlan Murdoch secures control of media empire in deal ending family succession battle.
– Lachlan Murdoch becomes head of the family media assets after a succession battle.
– His siblings receive $1.1 billion each in the buyout agreement.
The succession battle at Rupert Murdoch’s media empire has concluded. According to Bloomberg, Lachlan Murdoch, his eldest son, will take control of the family’s media assets, which include Fox News, The Wall Street Journal, and The Times in the UK.
His three older siblings will receive approximately $1.1 billion each for their shares. This resolution follows a legal dispute among Murdoch’s eldest children, reminiscent of the HBO series “Succession.” Lachlan’s leadership is significant, as he is perceived as the most conservative sibling. He has been the chairman of News Corp since 2023, overseeing numerous publications.
The siblings initially challenged their father’s attempt to shift voting power, a project he called “Project Family Harmony.” Murdoch believed Lachlan was best suited to lead the empire.
Trust Agreement
The family agreed on a buyout after extensive negotiations. A Nevada commissioner previously ruled that Rupert and Lachlan acted in bad faith regarding trust terms. News Corp expressed confidence in Lachlan’s leadership as pivotal for the company’s future success.
News
Charlie Kirk has died following shooting at Utah university
Charlie Kirk shot during speech at Utah Valley University as law enforcement investigates the incident
Charlie Kirk shot during speech at Utah Valley University as law enforcement investigates the incident
– Charlie Kirk, conservative commentator, was shot during a speech at Utah Valley University on Wednesday.
– Authorities are investigating the incident, with the community showing strong support for Kirk.
Charlie Kirk, a prominent conservative commentator, has died after he was shot while speaking at Utah Valley University on Wednesday.
The incident occurred around noon local time, with video footage circulating on social media showing the moment shots were fired.Kirk is the founder and CEO of Turning Point USA, a significant conservative youth organisation active across 3,500 college campuses.
He has been influential on the right and is known for his podcast and “Prove Me Wrong” debates.
Kirk, 31, also played a key role in Donald Trump’s outreach to young voters during the 2024 election.
The university, located in Orem, Utah, is home to over 46,000 students, making it the largest in the state.
Ongoing Updates
Authorities are actively investigating the shooting, and further developments are expected.
Community response has been strong, with calls for prayers and support for Kirk following the incident.
News
Escape rooms booming despite challenging market conditions
Escape room industry thrives; Escape This raises over $1M in 72 hours, signaling strong demand for immersive experiences.
Escape room industry thrives; Escape This raises over $1M in 72 hours, signaling strong demand for immersive experiences.
The escape room industry is thriving even in tough market conditions, with investors flocking to immersive entertainment experiences.
A recent crowdfunding campaign for Escape This, raised more than $1 million in just 72 hours, showing there is still a demand for in-person, interactive experiences.
Bernie Jane from Escape This takes time away from his hidden tomb to discuss the positive news.
#Entertainment #ImmersiveExperiences #Innovation #Startups #Crowdfunding #TickerNews
News
Israeli strike hits Hamas leaders in Doha
Israel strikes Hamas leadership in Qatar, killing five, including a negotiator’s son, prompting Western denunciations. #Israel #Hamas #Qatar
Israel strikes Hamas leadership in Qatar, killing five, including a negotiator’s son, prompting Western denunciations. #Israel #Hamas #Qatar
Israel has escalated the conflict by striking Hamas’s senior political leadership in Doha, Qatar.
The attack killed five people, including the son of a negotiator, and has drawn sharp condemnation from Western leaders.
#Israel #Hamas #Qatar #Ceasefire #MiddleEast #TickerNews
-
News4 days agoApple prepares iPhone 17 launch with thinner design
-
Money3 days ago
Inflation data impacts markets as stocks reach highs
-
News3 days ago
Japan PM resigns, fuelling stock market optimism
-
News2 days ago
ANZ Bank plans to cut 4,500 roles
-
News3 days ago
Erin Patterson sentenced to 33 years for mushroom poisoning
-
News2 days ago
France faces turmoil as Bayrou nears ouster
-
Ticker Views4 days ago
No, organ transplants won’t make you live forever, whatever Putin says
-
News3 days ago
“A new world”: Why Xi invited Iran and Russia to parade
