Rupert Murdoch's Rollercoaster Ride in Tech: From MySpace to Phone Hacking Scandals, Battles with Tech Giants, and Climate Contradictions
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Murdoch bought MySpace in 2005 for $580 million but was unable to compete with Facebook, selling it in 2011 at a huge loss.
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Murdoch's News Corp phone hacking scandal in the UK put new emphasis on digital privacy and mobile security.
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Murdoch wanted tech giants like Google and Facebook to pay news organizations for content, reaching a deal with Google in 2021.
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Murdoch had a majority stake in streaming service Hulu starting in 2007, until Disney took control in 2019.
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Murdoch's Fox News spread climate misinformation, despite Murdoch's personal investments in climate-focused National Geographic.