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Rupert described his eldest son as a “passionate, principled leader” in a statement naming his successor.

Murdoch’s eldest son Lachlan will take over in November.

Teach a [person] how to fish and you feed him for a lifetime – Chinese proverb.

When Dominique Lyone, founder of the $300 million Australian workplace product solutions firm COS, stepped down from his role as CEO of the company in 2021, daughters Belinda and Amie knocked their heads together to figure out who was best suited to the job.

Australian hospitality tech platform Ordermentum has acquired food marketplace Foodbomb and raised $16 million in a bid to accelerate its national growth strategy and to further digitise the food and beverage industry.

The so-called stablecoin has bankrolled German bitcoin miner Northern Data’s pivot to powering AI startups with a purchase of 10,000 of Nvidia’s top of the line AI chips.

After Roark Capital’s $9.7 billion winning bid for the sandwich chain, Neal Aronson faces his biggest fast-food challenge yet.

Instacart’s three cofounders cashed in about $100 million from the IPO while firms who bought into InstaCart’s 2021 funding round dealt with a near 70% unrealized loss.

YouTube told Forbes Brand violated the platform’s “creator responsibility policy” and that it had taken steps to “protect the community.”

The leaked documents show Microsoft had other ambitious acquisition plans before settling on Activision and Zenimax.