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Media mogul Rupert Murdoch has stepped down as the chairman of Fox Corp and News Corp , the companies said on Thursday.
The move leaves his son Lachlan as the sole executive in charge of the global media empire.
Murdoch will exit roles atop News Corp and Fox in November and will be appointed chairman emeritus.
News Corporation CEO Robert Thomson (NWSA) sits down with Yahoo Finance Executive Editor Brian Sozzi at the Goldman Sachs Communacopia & Technology Conference as he unpacks the impact of AI on the med
U.S. equities were mixed, with the S&P 500 losing 0.1% on Friday, Aug. 11, 2023, after a higher-than-expected rise in producer prices.
News Corp shares climbed after the company posted better-than-expected results on cost-cutting moves, and said artificial intelligence would help boost future results.
News Corporation's (NWSA) fourth-quarter fiscal 2023 results reflect lower revenues at the Book Publishing and Digital Real Estate Services segments.
News Corporation has reported a 75% fall in profits - but says it is optimistic about the future thanks to the "remarkable opportunity" of AI.
News Corp (NASDAQ:NWS), the owner of the Sun and the Times newspapers, has reported a 75% decline in its annual profit and said it will roll out AI-generated content in a bid to cut costs. The compan
News Corporation (NASDAQ:NWSA ) Q4 2023 Earnings Conference Call August 10, 2023 5:00 PM ET Company Participants Michael Florin - Senior VP and Head of IR Robert Thomson - CEO and Director Susan Panuc
News Corp beat estimates for fourth-quarter profit on Thursday, benefiting from its cost-cutting measures and a rise in digital subscriptions for its Dow Jones news and data services.

News Corp. (NWSA) Q4 Earnings Surpass Estimates

07:01pm, Thursday, 10'th Aug 2023
News Corp. (NWSA) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.37 per share a year ago.
Although the revenue and EPS for News Corp. (NWSA) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Stree
CEO says news publisher is in talks with AI companies to establish the value of its content.
News Corp (NASDAQ:NWS)oration delivered mixed results after the bell Thursday, doing enough in the process to push its stock in the right direction.  The Fox News, New York Post and The Wall Street J
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