Rupert Murdoch is finally — allegedly — slowing down, marking his final day Wednesday as Executive Chairman of News Corp. by praising his son Lachlan, who is taking over his role as company leader.Rupert Murdoch, age 92, vowed he will still play an active role as he becomes Chairman Emeritus of News Corp. and Fox Corporation, the latter where he is scheduled to meet shareholders on Friday in his final act as chairman.Lachlan Murdoch is 52 and now becomes the sole chairman of both companies.“Lachlan is a principled leader, and a believer in the social purpose of journalism. I hope to continue an active role in the company,” Rupert Murdoch said on Wednesday at the News Corp. farewell.Rupert Murdoch talked about the “opportunities and challenges” of artificial intelligence in his Wednesday remarks. He also spoke of Wall St. Journal reporter Evan Gershkovich, who remains detained in Russia.But Murdoch saved his harshest remarks for what he termed “the intolerant elite,” those he claimed “regard differing opinions as anathema.”“Like my father, I believe that humanity has a ‘high destiny,’ and Lachlan certainly shares that belief,” Rupert said. “That sense of destiny is not just a blessing, but a responsibility.”
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