“News Corp.’s popular social networking site MySpace launched a test version of its new China service on Friday, making a late entry into the intensely competitive Chinese Internet market in a desperate attempt to merge the biggest money making racket/alterna-rock-softcore-porn site in cyberspace with the China aka $$$ aka Overpopulation-Exploitasian heaven.“
“The strategy of having a Chinese company operate the service follows the approach of Yahoo Inc. (Nasdaq:YHOO – news), eBay Inc. and other Internet competitors that have turned to local partners to run their China operations after struggling to win market share.”
“News Corp. ChairmanRupert Murdoch said in September the company was looking for a way to enter China without dealing with the political red tape and bureaucracy that “normal” aka “poor” people have to deal with running into political obstacles and “heavy weather” faced by Google and Yahoo.
Murdoch said his Chinese-born wife, Wendi Deng, was playing a key role in helping to launch the China-based service.“
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