Business magnate Rupert Murdoch is mulling a proposal that may reunite his media empire viz.&nbsp;News Corp&nbsp;and Fox Corp., a little less than 10 years after they were split.&nbsp;

“At News Corp, we are constantly pursuing ways to enhance our performance and expand our businesses, and the upheaval in media presents both challenges and opportunities,”&nbsp; News Corp chief executive, Robert Thomson informed his employees in a memo.&nbsp;

Reportedly, to evaluate a possible merger, the two companies have established executive committees. The proposal is still in its infancy and both companies are yet to ascertain the completion of the deal.

"I would like to stress that the Special Committee has not made any determination at this time, and there can be no certainty that any transaction will result from its evaluation," added Thomson.&nbsp;

If the merger does happen, which will be a likely volte&nbsp;face on Murdoch's earlier vision,&nbsp;Fox News and TMZ assets will be interlinked with News Corp's coterie of publications which include&nbsp;the Wall Street Journal, New York Post based in the US and the Times and the Sun in the UK, alongside the Australian.&nbsp;

<a href="https://www.wionews.com/entertainment/hollywood/news-media-mogul-rupert-murdoch-wife-jerry-hall-to-end-their-six-years-of-marriage-490832">Read more:&nbsp;Media mogul Rupert Murdoch, wife Jerry Hall to end their six years of marriage</a>

Notably, the split transpired in 2013 and Murdoch, at the time attributed the decision to simplifying operations which had become 'increasingly complex' due to the vast size of his media holdings.&nbsp;

However, since then,&nbsp;much&nbsp;water has flown under the bridge. The advertising sales revenue has fallen&nbsp;to record lows for media companies in the last few years.

Thus, the merger might allow Murdoch's media empire to trim costs and compete much more ferociously with deep-pocket giants like Apple and Amazon.&nbsp;

Murdoch has controlling stakes in both companies and experts believe that the deal most likely will go through and be completed in the coming months.&nbsp;

As reported by WION, Murdoch owns more than 30 newspapers in the United States, Australia and the United Kingdom.

<a href="https://www.wionews.com/world/rupert-murdochs-son-condemns-fox-news-and-news-corp-for-coverage-of-climate-change-specifically-the-australian-bushfire-274360">Read more:&nbsp;Rupert Murdoch's son condemns Fox News and News Corp for coverage of climate change, Australian bushfire</a>

He took charge of his family business when he was 21 after his father's death. He then expanded his family business by buying Sunday Times, Western Australia and over the year he went ahead acquiring more suburban and provincial newspapers.

Murdoch is referred&nbsp;to as the inventor of modern tabloids. As the chief of both companies, he&nbsp;developed a pattern to attract viewers with increasing sports news and less focus on hard news, and scandal coverage with eye-catching headlines.

(With inputs from agencies) 
 
WATCH WION LIVE HERE:&nbsp;

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Business magnate Rupert Murdoch is mulling a proposal that may reunite his media empire viz. News Corp and Fox Corp., a little less than 10 years after they were split.

Business magnate Rupert Murdoch is mulling a proposal that may reunite his media empire viz. News Corp and Fox Corp., a little less than 10 years after they were split. “At News Corp, we are constantly pursuing ways to enhance our performance and expand our businesses, and the upheaval in media presents both challenges and opportunities,” News Corp chief executive, Robert Thomson informed his employees in a memo. Reportedly, to evaluate a possible merger, the two companies have established executive committees. The proposal is still in its infancy and both companies are yet to ascertain the completion of the deal. "I would like to stress that the Special Committee has not made any determination at this time, and there can be no certainty that any transaction will result from its evaluation," added Thomson. If the merger does happen, which will be a likely volte face on Murdoch's earlier vision, Fox News and TMZ assets will be interlinked with News Corp's coterie of publications which include the Wall Street Journal, New York Post based in the US and the Times and the Sun in the UK, alongside the Australian. Read more: Media mogul Rupert Murdoch, wife Jerry Hall to end their six years of marriage Notably, the split transpired in 2013 and Murdoch, at the time attributed the decision to simplifying operations which had become 'increasingly complex' due to the vast size of his media holdings. However, since then, much water has flown under the bridge. The advertising sales revenue has fallen to record lows for media companies in the last few years. Thus, the merger might allow Murdoch's media empire to trim costs and compete much more ferociously with deep-pocket giants like Apple and Amazon. Murdoch has controlling stakes in both companies and experts believe that the deal most likely will go through and be completed in the coming months. As reported by WION, Murdoch owns more than 30 newspapers in the United States, Australia and the United Kingdom. Read more: Rupert Murdoch's son condemns Fox News and News Corp for coverage of climate change, Australian bushfire He took charge of his family business when he was 21 after his father's death. He then expanded his family business by buying Sunday Times, Western Australia and over the year he went ahead acquiring more suburban and provincial newspapers. Murdoch is referred to as the inventor of modern tabloids. As the chief of both companies, he developed a pattern to attract viewers with increasing sports news and less focus on hard news, and scandal coverage with eye-catching headlines. (With inputs from agencies) WATCH WION LIVE HERE:

Nearly a decade after the split, Rupert Murdoch mulling merging Fox and News Corp again

The Wall Street Journal report revealed that three researchers from China's Wuhan Institute of Virology became sick in the autumn of 2019, "with symptoms of both COVID-19 and common seasonal illness", they sought hospital care.

The Wall Street Journal report some crucial insights into the origin of COVID-19

The Wall Street Journal has described Alexei Navalny as "the man Vladimir Putin fears most". Navalny is a Russian Opposition Coordination Council member, the leader of the Russia of the Future party and the founder of the Anti-Corruption Foundation (FBK).

Navalny described as 'the man Putin fears the most'

If biryani is one of the favourite foods of India, then the Hyderabadi version certainly tops the list. World-renowned biryani of Hyderabad has been lauded again for its gastronomic brilliance, this time by the Wall Street Journal.&nbsp;

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The American publication has issued a list of best restaurants in Hyderabad where people can get the authentic taste of the traditional Hyderabadi delicacy.&nbsp;

Shah Ghouse, Paradise, Shadab, Caf&eacute; Bahaar, Adaa (Taj Falaknuma) and The Spicy Venue were named as the top restaurants serving authentic Hyderabadi biryani.&nbsp;

Not only this, according to an online survey by Swiggy, the biryani emerges as the top choice among foodies when it comes to traditional preparations. The survey was conducted last year.

Other than Chicken Biryani, Masala Dosa, Butter Naan, Tandoori Roti and Butter Paneer also featured on the list.&nbsp;

Telangana State Hotels Association has felicitated the hotels for bagging the international accolade.&nbsp;

Shah Ghouse, Paradise, Shadab, Café Bahaar, Adaa (Taj Falaknuma) and The Spicy Venue were named as the top restaurants

If biryani is one of the favourite foods of India, then the Hyderabadi version certainly tops the list. World-renowned biryani of Hyderabad has been lauded again for its gastronomic brilliance, this time by the Wall Street Journal. × The American publication has issued a list of best restaurants in Hyderabad where people can get the authentic taste of the traditional Hyderabadi delicacy. Shah Ghouse, Paradise, Shadab, Café Bahaar, Adaa (Taj Falaknuma) and The Spicy Venue were named as the top restaurants serving authentic Hyderabadi biryani. Not only this, according to an online survey by Swiggy, the biryani emerges as the top choice among foodies when it comes to traditional preparations. The survey was conducted last year. Other than Chicken Biryani, Masala Dosa, Butter Naan, Tandoori Roti and Butter Paneer also featured on the list. Telangana State Hotels Association has felicitated the hotels for bagging the international accolade.

Watch: These are the top restaurants for best Hyderabadi Biryani

The US Justice Department said today it is moving to seize more than $1 billion in assets linked to Malaysia&#39;s 1Malaysia Development Berhad state investment fund. 
 
The assets are &quot;associated with an international conspiracy to launder funds misappropriated&quot; from 1MBD, which was established by Malaysian Prime Minister Najib Razak to support economic investment, the Justice Department said. 
 
US Attorney General Loretta Lynch will reveal details of the seizure effort later today. 
 
The scandal around the embezzlement of billions of dollars from the fund, much of them borrowed, has battered Najib&#39;s government. 
 
Authorities from Singapore to Switzerland and the United States have joined in tracking down missing funds of 1MDB, which is owned by the Malaysian Finance Ministry also headed by Najib. He also chaired the company&#39;s advisory board until it was dissolved in May. 
 
Switzerland and Singapore have frozen millions of dollars worth of assets on suspicion of 1MDB-related embezzlement and money-laundering but so far no major figures have been brought to justice. 
 
In July 2015, The Wall Street Journal revealed that Najib had received payments totaling $681 million in his personal bank accounts in 2013. Subsequent reports said the money originated from 1MDB and may have exceeded $1 billion, which 1MDB denies. 
 
The government later acknowledged the payments, but called them a &quot;personal donation&quot; from the Saudi royal family. 
 
(AFP)

The scandal around the embezzlement of billions of dollars from the fund, much of them borrowed, has battered Najib's government

The US Justice Department said today it is moving to seize more than $1 billion in assets linked to Malaysia's 1Malaysia Development Berhad state investment fund. The assets are "associated with an international conspiracy to launder funds misappropriated" from 1MBD, which was established by Malaysian Prime Minister Najib Razak to support economic investment, the Justice Department said. US Attorney General Loretta Lynch will reveal details of the seizure effort later today. The scandal around the embezzlement of billions of dollars from the fund, much of them borrowed, has battered Najib's government. Authorities from Singapore to Switzerland and the United States have joined in tracking down missing funds of 1MDB, which is owned by the Malaysian Finance Ministry also headed by Najib. He also chaired the company's advisory board until it was dissolved in May. Switzerland and Singapore have frozen millions of dollars worth of assets on suspicion of 1MDB-related embezzlement and money-laundering but so far no major figures have been brought to justice. In July 2015, The Wall Street Journal revealed that Najib had received payments totaling $681 million in his personal bank accounts in 2013. Subsequent reports said the money originated from 1MDB and may have exceeded $1 billion, which 1MDB denies. The government later acknowledged the payments, but called them a "personal donation" from the Saudi royal family. (AFP)

US moves to seize $1 billion in assets of Malaysian 1MDB fund

Tesla does not plan to disable the Autopilot self-driving function in its cars despite accidents possibly linked to it, founder Elon Musk told The Wall Street Journal on Tuesday. 
 
As US auto safety regulators moved forward in a probe of a fatal accident involving Autopilot in May, Musk said in an interview that owners of Tesla&#39;s luxury electric cars need more education on using the technology. 
 
&quot;A lot of people don&#39;t understand what it is and how you turn it on,&quot; Musk told the Journal. 
 
He stressed that the company has labeled the technology a &quot;beta&quot; or advanced testing version to indicate that it has not been perfected. 
 
&quot;It says beta specifically so people do not become complacent,&quot; he said. 
 
Two recent accidents, one fatal, have involved drivers using Autopilot, though specifics of how much the drivers were still involved in piloting the cars at the time are not available. 
 
On Tuesday, the National Highway Traffic Safety Administration published a letter sent to Tesla last week requesting the company to supply detailed information on the car involved in the deadly May 7 crash in Florida, including Tesla&#39;s own analyses of what happened and of possible problems with Autopilot. 
 
They also demanded all Tesla&#39;s records of other crashes and driver complaints, and details on the functioning of the cars` automatic emergency braking system. 
 
Musk has defended the company`s technology -- the most advanced driver-assist system currently available to consumers -- as on the balance safer than regular cars, noting the Florida accident was the first fatality in a Tesla linked to Autopilot. 
 
&quot;This is the first known fatality in just over 130 million miles where Autopilot was activated. Among all vehicles in the US, there is a fatality every 94 million miles,&quot; the company said on its website last week. 
 
But worries have mounted that the feature has some faults, including not being able to recognise cars halted on the road, and that drivers are being lulled into a false sense of safety and not watching the road. 
 
In the Florida accident, the car slammed into the side of a tractor-trailer crossing the road in front of it apparently without braking at all. 
 
The Journal has catalogued a number of accidents that Tesla drivers say were linked to Autopilot use, including a July 1 incident in Pennsylvania that US regulators are also reportedly looking into. 
 
(AFP)&nbsp;

"A lot of people don't understand what it is and how you turn it on," founder Elon Musk told WSJ

Tesla does not plan to disable the Autopilot self-driving function in its cars despite accidents possibly linked to it, founder Elon Musk told The Wall Street Journal on Tuesday. As US auto safety regulators moved forward in a probe of a fatal accident involving Autopilot in May, Musk said in an interview that owners of Tesla's luxury electric cars need more education on using the technology. "A lot of people don't understand what it is and how you turn it on," Musk told the Journal. He stressed that the company has labeled the technology a "beta" or advanced testing version to indicate that it has not been perfected. "It says beta specifically so people do not become complacent," he said. Two recent accidents, one fatal, have involved drivers using Autopilot, though specifics of how much the drivers were still involved in piloting the cars at the time are not available. On Tuesday, the National Highway Traffic Safety Administration published a letter sent to Tesla last week requesting the company to supply detailed information on the car involved in the deadly May 7 crash in Florida, including Tesla's own analyses of what happened and of possible problems with Autopilot. They also demanded all Tesla's records of other crashes and driver complaints, and details on the functioning of the cars` automatic emergency braking system. Musk has defended the company`s technology -- the most advanced driver-assist system currently available to consumers -- as on the balance safer than regular cars, noting the Florida accident was the first fatality in a Tesla linked to Autopilot. "This is the first known fatality in just over 130 million miles where Autopilot was activated. Among all vehicles in the US, there is a fatality every 94 million miles," the company said on its website last week. But worries have mounted that the feature has some faults, including not being able to recognise cars halted on the road, and that drivers are being lulled into a false sense of safety and not watching the road. In the Florida accident, the car slammed into the side of a tractor-trailer crossing the road in front of it apparently without braking at all. The Journal has catalogued a number of accidents that Tesla drivers say were linked to Autopilot use, including a July 1 incident in Pennsylvania that US regulators are also reportedly looking into. (AFP)

Tesla won't disable autopilot feature despite accidents

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