Rupert Murdoch on MySpace Cuts, Twitter
TheStreet.com had a phone interview with News Corp. chairman and CEO Rupert Murdoch, in which the media titan spoke about the layoffs at MySpace and his impressions of Twitter.
Murdoch on MySpace:
The business sort of grew out of control and really out of size. I blame myself, and it had to be brought back in size, but we feel that we’ve got new creative people and it will be a very strong force in many ways and shouldn’t be compared…I mean, it will be a very different social site to, say, Facebook.
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