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Media magnate Rupert Murdoch is stepping down as the leader of both Fox News’ parent company and his News Corp media holdings, with his son, Lachlan, set to take his place NEW YORK -- Media magnate Rupert Murdoch on Monday announced that he would be stepping down as the leader of both Fox News' parent company and his News Corp media holdings — with his son, Lachlan, set to take his place. Through his decades-long career, Murdoch, 92, built an empire — beginning with his father's newspaper in Adelaide, Australia — and became a multibillionaire. In the U.S., his creation of Fox News has notably i NFL uenced American Politics , making Murdoch a hero to some and pariah to others. Over the years, Murdoch's family has also risen into the spotlight — accompanied by stories of vindictive business tactics and inter-family rivalries. Murdoch and his family, particularly children James, Lachlan, Elisabeth and Prudence, were said to be the model of the HBO show “Succession.” Murdoch ...

TikTok has added a text-only posts feature with the change coming just a day after Twitter rebranded itself and less than three weeks after Facebook released Threads. TikTok has added a new feature that allows users to create text-only posts with the change coming just a day after Twitter rebranded itself and less than three weeks after Facebook released Threads as competition between the social media giants continues to escalate. “At TikTok, we're always looking to empower our creators and community with innovative tools that inspire self expression. Today we're thrilled to announce the expansion of text posts on TikTok, a new format for creating text- based content that broadens options for creators to share their ideas and express their creativity,” the Chinese-owned video streaming app said in a statement released late Monday. “With text posts , we're expanding the boundaries of content creation for everyone on TikTok, giving the written creativity we've seen in...