Murdoch, Rupert's younger son, headed 21st Century Fox until past year when he left after Disney acquired most of the group's assets. He cites disagreements over editorial content published by the company's news outlets and other, unspecified strategic decisions.
Rupert Murdoch's News Corporation covers media outlets across the globe including The Sun, The Times and The Sunday Times - as well as Harper Collins Publishers in the UK.
His breaking off his ties with the family's other company is a big moment for the Murdoch family and the people who watch it closely.
TikTok thanks users as Trump vows to ban app
The proposal values TikTok at about $50 billion, but some ByteDance executives believe the app is worth more than that. Republicans have accused the company of trying to "meddle" in the U.S. presidential election.
NASA’s Perseverance rover bound for Mars to seek ancient life
And given the difficulty of this multi-pronged return journey of the samples, they won't land on Earth until 2031, at the earliest.
NRL Season Under Threat As Queensland Government Closes Border
However the new border restrictions will prevent players from flying home to Sydney between matches. From Saturday at 1am, no one travelling from Greater Sydney will be allowed into Queensland.
News Corporation also owns the New York Post in the U.S. and the Dow Jones brand, which includes financial brand the Wall Street Journal. Youngest and liberal-leaning son James has had issues with editorial content before in the broader family busines that also controlls Fox News.
In a joint statement, James Murdoch's older brother, Lachlan, and their father, Rupert, expressed their gratitude to him for his service to the company and wished him the best for the future.
James and Lachlan had shared power at 21st Century Fox, but the sale of much of the Fox entertainment business to Disney in 2019 saw James depart as CEO.