Rupert Murdoch To Step Down As CEO of News Corp [Rumor]

Phone hacking scandals, executives being attacked by LulzSec and Anonymous, now would be a good time for Rupert Murdoch to step down from his role as the CEO of News Corp and if a CNBC Breaking News tweet is correct the businessman may be preparing to do just that, handing over control of his media empire to COO Chase Carey.

More to report if this story develops any further. [Twitter]