Houston Community News >> Newscorp Plans to Setup MySpace to China
12/3/2006 China-- News Corp.'s
MySpace.com is in talks to bring the social-networking site to China with Boston
technology trade publisher International Data Group's Chinese venture arm and
former China Netcom Group CEO Edward Tian, a Reuters report, quoting the Wall
Street Journal Web site said.
The WSJ, citing people close to the situation, said that News Corp. Chairman
Rupert Murdoch's wife, Wendi Deng, is likely to join the board of MySpace China.
Although News Corp. has publicly announced its intention to expand MySpace into
China, people close to the matter say no deal has been completed yet, the paper
said.
But MySpace, a Web site that lets users post their own videos, pictures and
blogs online, could face stiff competition and regulatory hurdles in China, the
paper said, as other big U.S. Internet players have struggled to topple local
rivals in China.
(Contributed by Kyodo News)