10.15am:

Crappy, indeed. Rupert Murdoch bought MySpace for US$580 million in 2005, failed to grasp where social media was going, and took a bath after selling it for just $35 million in 2011. Mark Zuckerberg — sitting on a company still valued at around $70 billion — probably doesn’t need the advice.

10.58am:

Broke? Australia’s credit rating remains at AAA; News Corporation has been rated by S&P at BBB+. Not even Tony Abbott could agree with you there.

11.08am:

In fact, Australia is by some measures one of the world’s biggest carbon polluters on a per capita scale — and your own company has launched a significant program to reduce its own emissions (“At News Limited, we believe the small steps add up to big change”). Now you’re disagreeing with yourself?

Time for a lie down, Rupert. Have a great weekend.