Rupert Murdoch, at 92, is stepping down as chairman of Fox and News Corp, passing leadership to his son Lachlan Murdoch. Lachlan will become the sole chairman of News Corp and continue as Executive Chair and CEO of Fox. In a statement, Lachlan praised his father's 70-year career in building a global media empire. The stock market showed little change following the announcement. Meanwhile, Hollywood is seeing slight stock increases as the Writers Guild and studios continue negotiations, possibly nearing a resolution.

Who is Lachlan Murdoch in relation to Rupert Murdoch?

• Son

• Nephew

• Cousin

• Brother

What position will Rupert Murdoch take after stepping down as chairman?

• Chairman emeritus

• CEO

• Board member

• Advisor

What did Lachlan Murdoch congratulate his father on?

• His retirement

• A remarkable 70 year career

• His birthday

• His new position

What is Rupert Murdoch's age as mentioned in the text?

• 90

• 91

• 92

• 93

What is the current status of shares mentioned in the text?

• Fluctuating

• Rising

• Falling

• Unchanged