Profits dive at News Corp as media group hints at AI future plans
Rupert Murdoch’s News Corporation reported a 75% fall in full-year profit, with digital accounting for more than half of revenueFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastRupert Murdoch’s News Corporation has reported a 75% drop in full-year profit but sees opportunities ahead as it plans to take advantage of advances in generative AI.The US-listed media group – which owns News Corp Australia, m
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