Daily Archives: November 14, 2010

John Gapper

James Murdoch attended the same event as Mr Milner and tweaked the tails of technology figures for their belief in distributing news and other “content” free online.

“If you are going to monetise something, the first rule is you should probably not give it away for free . . . Our view is that we are happy to invest more in a product, and price it fairly, and accept the fact that not everyone will consume it.”

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John Gapper

Yuri Milner, the Russian internet investor, has become one of the most intriguing figures in the industry by acquiring a near-10 per cent stake in Facebook, and by floating Mail.ru, his Russian internet company in London.

Mr Milner, whom I saw in action at the Monaco Media Forum, also has the element of mystery. Few people outside Russia paid attention to him until his Digital Sky Technologies acquired its Facebook stake in May 2009. Read more