menu

Murdoch Admits Huge Mistake In MySpace Acquisition [Headlines]

The chief executive of News Corp.'s states that the acquisition of the social networking pioneer was poorly handled.

Liz Walsh
  • 26 october 2011

Rupert Murdoch admitted that the company’s purchase of MySpace in 2005 was a huge mistake, as it should have been quickly sold, and instead was mismanaged and left behind by the success of Facebook. AFP.

+acquisition
+Facebook
+Headlines
+murdoch
+myspace
+Rupert Murdoch
+technology
Trending

PSFK 2017: How Morgan Spurlock Tells Stories With Just The Right Amount Of Crazy

Advertising
Reports
Reports
Brand Development Today
Education Today
No search results found.