News Corporation's chief executive Rupert Murdoch admitted this week that the company's $580 million purchase of MySpace was a "huge mistake" and that the social networking site was mismanaged.
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Media mogul Rupert Murdoch has said in an interview with Sky News Australia that newspapers within his empire - including the Sun, Times and Wall Street Journal - could block Google searches entirely once they...
Facebook has overtaken rival social network MySpace for the first time - provoking an angry outburst from the man who paid $580m for MySpace only three years ago. Facebook had 123m unique visitors in May,...
Rupert Murdoch said on Monday that News Corp. would not get into a fight with Microsoft over the acquisition of search engine Yahoo, confirming what most industry and Wall Street observers suspected. His statement came...