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 Rupert Murdoch attends the WSJ. Magazine 2017 Innovator Awards at The Museum of Modern Art in New York on Nov. 1, 2017
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Video. Media mogul Rupert Murdoch steps down as chair of global media empire

The 92-year-old Australian business magnate Rupert Murdoch will take on the role of chairman emeritus of Fox Corp and News Corp, handing his position as chair to his son Lachlan.

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