"Rupert Murdoch's Resignation: Impact on Fox, News Corp, and Biden's Administration"

Lachlan Murdoch, the eldest son of media mogul Rupert Murdoch, has been named the new chairman of Fox Corporation and News Corporation, taking over his father's media empire. Lachlan's ascension was expected, as he has been co-chairing both companies and serving as CEO of Fox News. Rupert Murdoch will continue to serve on the boards as chairman emeritus. The Murdoch family's wealth and their behind-the-scenes feuding have made them a subject of intrigue. Lachlan's brother James broke with the company in 2020, while his sister Elisabeth often felt overshadowed. Lachlan has overseen Fox News during a period of misinformation, and Rupert signaled that the network's right-wing editorial stance will continue under Lachlan's leadership.