TheStreet.com: Michael Wolff has written in Vanity Fair that you want to buy The New York Times (NYT), that you've planned out the deal in detail. Is that true? Murdoch: No. That's nonsense. I don't think it's for sale anyway. I haven't even thought about it. But I would imagine that it would be legally and politically almost impossible, so I'm not thinking about it. There's been a lot of shakeup at MySpace. Why are you shutting down your global ambitions? We're not. We're just getting first things right first. The business sort of grew out of control and really out of size. I blame myself and it had to be brought back in size, but we feel that we've got new creative people and it will be a very strong force in many ways and shouldn't be compared ... I mean, it will be a very different social site to, say, Facebook.