![Twitter News Corp Rupert Murdoch](https://i.guim.co.uk/img/media/f2034e152b939d5c816d15e15e8f0e3a31c02a78/0_0_2488_1492/master/2488.jpg?w=300&q=85&auto=format&sharp=10&s=c76699c488ae0f4f3ed8d80a29260ae3)
Rupert Murdoch’s News Corp said rumours about the company’s interest in buying microblogging site Twitter or building a stake in it were untrue.Twitter’s shares, which rose as much as 14%, pared some gains and were up 5.2% at $17.55 in late afternoon trading. The rumours had lifted the stock from a record low.Unconfirmed chatter about potential News Corp interest in Twitter circulated.This story is example of how power social networking has became as twitter is a huge social networking site and the Media mogul Rupert Murdoch might be interested in being involved in it.
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