Rupert Murdoch is not a man who likes admitting failure, but the media mogul admitted to a pretty big mistake on Thursday.
Using his Twitter feed, Murdoch addressed News Corp.'s ill-fated purchase of MySpace, the social networking site that he bought for $580 million and sold just six years later for $35 million. Murdoch didn't mince words, either:
Can we expect a similarly blunt assessment of the phone hacking scandal? We'll just have to wait and see.
Some of Murdoch's first tweets:
How will Donald Trump’s first 100 days impact YOU? Subscribe, choose the community that you most identify with or want to learn more about and we’ll send you the news that matters most once a week throughout Trump’s first 100 days in office. Learn more