On July 9 , News Corp. CEO Rupert Murdoch Wednesday attended the Sun Valley media technology conference , he said at the conference , News Corp. is not interested in buying popular micro- blog Twitter, and will not sell Controversial social networking site MySpace.

Murdoch said the investment in Twitter be very troublesome because the site has yet to find sustainable ways of making money . Murdoch issued a word of advice: "Invest in Twitter be careful . "

Twitter co-founder Evan - Williams have become the darling of this year's Media and Technology Conference , Sun Valley for a very popular hot Internet start-ups , such enterprises will generally be old media phase and a better price . Twitter website developed rapidly , which provides services to popular user favorite , the user can use 140 or fewer characters to express their ideas freely .

When asked when will buy Twitter , Murdoch said: " no . " asked Murdoch would sell Myspace, Murdoch still answer : "no . "

News Corp in 2005 to 580 million U.S. dollars to buy at the time of the most popular social networking site MySpace, but then Facebook and Twitter have sprung up everywhere . MySpace management team last big shake-up , MySpace co- founder and CEO Chris - Chris, (Chris DeWolfe) was forced to class .

In order to reduce costs , MySpace more than 400 job cuts , accounting for 30% of the total number of U.S. workers , more overseas employees were laid off . Murdoch remains confident on Myspace , also criticized the way the Facebook: "Facebook is more like a directory , how to make money is another matter . "