MySpace is not for sale, a bearish Murdoch says in Sun Valley

Rupert Murdoch says he won't sell MySpace, doesn't want to buy Twitter and is still bearish about the economy.

Not one to shy away from a microphone, Murdoch spoke to media outlets during the Allen & Co.'s Sun Valley media conference in Sun Valley, Idaho. The event attracts current technology celebrities such as Twitter CEO Evan Williams, Google (GOOG) CEO Eric Schmidt and even non-tech celebs, such as NBA superstar LeBron James.