News Corp won't buy Twitter, won't sell MySpace

Reuters Tags : News Corp, microblogging, Twitter, MySpace, Rupert Murdoch Posted: Thursday , Jul 09, 2009 at 1225 hrs

Murdoch said Twitter would be a tough investment to justify because it has not yet come up with a sustainable way to make money.

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Murdoch expressed confidence in MySpace and criticized Facebook.

"Facebook is like a directory," he said. "How they make money is another matter."

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