Murdoch: No Interest in Twitter
he fact that Twitter hasn’t figured out a way to monetize itself yet is no big thing to newly-minted VC Marc Andreessen, but media mogul Rupert Murdoch says it’s very much an issue. At an investor conference today, Murdoch, CEO of News Corp., told Reuters that he has no interest in buying Twitter because it hasn’t figured out a way to make money. “Be careful of investing here," he said. Then again, we're not sure if Murdoch has any credibility with regard to the Web. Remember, this is the same guy who bought MySpace and ran it into the ground.
8 July 2009•2 mins read
