Nov 1, 2018

Lachlan Murdoch says "New Fox" will expand through acquisitions

Lachlan Murdoch, co-chairman of 21st Century Fox. Photo: Drew Angerer via Getty Images

Speaking at the New York Times DealBook conference on Thursday, Lachlan Murdoch, executive chairman of 21st Century Fox, said the slimmed down "New Fox" will be buying more assets.

"We will buy other things ... we will be acquisitive. We intend to grow the business."
— Lachlan Murdoch, 21st Century Fox Executive Chairman

The context: Disney agreed to acquire 21st Century Fox's entertainment assets earlier this year. What's left of the company, "New Fox," is focused on live sports and news.

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Experimental coronavirus vaccine to be tested on humans

Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases. Photo: Win McNamee/Getty Images

The vaccine that the National Institute of Allergy and Infectious Diseases (NIAID) and drugmaker Moderna have been developing to combat the coronavirus is ready to be tested on humans, NIAID director Anthony Fauci told the Wall Street Journal.

The state of play: The rapidly developed vaccine will be tested on 20–25 healthy volunteers in April to determine whether two doses will be safe and generate an immune response to protect against infection. Results will be available in July or August, Fauci told WSJ.

#MeToo gets Weinstein

A man carries out Weinstein's walker. Photo: Johannes Eisele/AFP/Getty Images

Hollywood titan Harvey Weinstein is now a convicted rapist, two years and four months after accusations against him helped ignite the #MeToo movement.

Why it matters: To date, #MeToo has resulted in hundreds of powerful men losing their jobs. Seven have been criminally convicted, with four others still facing charges.