Rupert Murdoch, the 84-year-old chief executive officer and controlling shareholder of 21st Century Fox, is preparing to step down as CEO of the media giant and hand that title to his son James, according to numerous sources close to the Murdoch family.
5/1/2015: Spotify raises $350M at $8B valuation
Spotify raised roughly $350 million in a new round of fundraising as the music streaming site embarks on its next leg of growth, according to people familiar with the matter.
4/27/2015: Safeway set to go public once again
AB Acquisition, the holding company that operates Safeway, has hired bankers to plan an initial public offering for later this year, sources with knowledge of the matter told CNBC.