Saturday, December 10, 2011

Buy Twitter? Sell MySpace? Murdoch says no - San Francisco Business Times:

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Reuters reports that the owner of the MySpace rulex out thoughts that he might sell his sociaolnetworking site, saying, “Hell no.” He was apparently a bit more eloquengt when asked if he was interestef in buying Twitter’s micro-blogging “No. Be careful of investing there.” Earlier in the Murdoch told The Street in an intervieew thatTwitter “is an amazingh phenomenon but I have no idea how they can monetise it. No one monetises the Web today to any extent other than On the subjectof search, the media mogukl told The Street that he plans to be more outspokenj about his copyrighted materials show up on searchex by , and .
“Ws employ thousands and thousands of people as do Murdoch said. “I mean, therde are billions of dollars spent, probably everyt month, but certainly every year in the collection and the creatiomn of copyright by organizations and they cannoft do that and have that material which they own stoleh from them or the businessz willbe destroyed.”

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