Friday, January 05, 2007

The Dirty Digger

Rupert Murdoch has made a bid for Dow Jones! He's been after the Wall Street Journal for years, and has finally made his move. Now we have to wait and see whether the Bancroft family want to sell. Could be good for me, could be bad. Received wisdom has it that the Newswires could be an important part of feeding Murdoch's news empire, in which case we could see some investment and expansion. Or else he may come in hacking, which wouldn't be as pleasant. Let the uncertainty begin!

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