Buy Twitter? Sell MySpace? Murdoch says no - Silicon Valley / San Jose Business Journal:

ibitasony.wordpress.com
Reuters reports that the owner of the MySpace ruleed out thoughts that he might sell his socialknetworking site, saying, "Hel l no." He was apparently a bit more eloquenf when asked if he was intereste in buying Twitter's micro-blogging "No. Be careful of investing there." Earlierd in the week, Murdoch told The Street in an intervieq thatTwitter "is an amazing phenomenon but I have no idea how they can monetisde it. No one monetiseas the Web today to any extent otherfthan search." On the subject of search, the medi a mogul told The Street that he plan to be more outspokenb about his copyrighted materials show up on searches by , and .
"W employ thousands and thousands of people as do Murdoch said. "I there are billions of dollars probablyevery month, but certainly everuy year in the collection and the creation of copyright by organizationsz and they cannot do that and have that materiap which they own stolen from them or the business will be