Murdoch: Twitter's an amazing phenomenon

News Corp CEO has his say on Twitter and Google

The CEO and Chairman of News Corp, Rupert Murdoch, has revealed in an interview that he feels micro-blogging sensation Twitter is an "amazing phenomenon" but fears the owners of the site will have trouble making money from its success.

Speaking to Murdoch revealed his thoughts on the Twitter, explaining: "It's an amazing phenomenon but I have no idea how they can monetise it. No one monetises the Web today to any extent other than search."

More outspoken

On the theme of search, he also spoke candidly about Google and the news aggregation side of the search giant's business – an area which is obviously close to the heart of the owner of The Sun and The Times newspapers in the UK.

When asked about the aggregation of copyrighted content on the internet for free, Murdoch noted: "We'll be more outspoken on the whole issue of payment for copyright material and that goes to every aggregator, whether it be Yahoo! or Google or or anything.

"We employ thousands and thousands or people as do others. I mean, there are billions of dollars spent, probably every month, but certainly every year in the collection and the creation of copyright by organisations and they cannot do that and have that material which they own stolen from them or the business will be destroyed."

Via PaidContent


Content Team Lead

Marc (Twitter, Google+) is the content team lead for Future Technology, where he is in charge of a 14-strong team of journalists who write many of the wonderful stories that end up on TechRadar, and T3 magazine. Prior to this he was deputy editor of TechRadar, had a 10-month stint editing a weekly iPad magazine, written film reviews for a whole host of publications and has been an integral part of many magazines that are no longer with us.