Murdoch has made a mistake here. By all means clean house of people who are guilty; by all means firmly enforce privacy policies and set up further checks and balances.
But closing the business? That's a quitter attitude, certainly inappropri
ate in view of Murdock's
hard-won reputation for strong business acumen. So what's the reason? Can't think of one, UNLESS the publicatio
n was doing so poorly financiall
y that this was an "easy out."
I don't think so.
I think this will turn out to be politicall
y correct, but a huge business mistake.
Read the Article at HuffingtonPost
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