Monday, November 06, 2006

MySpace launches in Japan through Softbank

News Corp.'s Rupert Murdoch said on Monday he hoped to find partners to enter Asian markets for its MySpace.com Internet business and would discuss offering the world's most popular online community via cellphones with Japan's Softbank Corp.
The Nihon Keizai business daily reported earlier that News Corp. and Softbank planned to launch MySpace.com in Japan this month through a 50-50 venture, first offering services for personal computers and later allowing users to post photos and write blogs on mobile phones.
The report sent down shares in the biggest local player, Mixi Inc.

Murdoch, News Corp. chairman and chief executive, said "all sorts of things, like putting MySpace on mobile," will be up for discussion when he meets Softbank CEO Masayoshi Son. Murdoch was speaking on the sidelines of an international conference in Tokyo.

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