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Rupert Murdoch is stepping down (sort of)

Summary by Ground News
Rupert Murdoch will not receive a salary, but certain expenses will be reimbursed, says CEO Robert Thomson. The 92-year-old tycoon handed over control of News Corp at the company's annual meeting earlier in the week. The family holding company controlled by Rupert Murdoch is still the major shareholder of both companies, making it clear that he's not fading quietly into the background.
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