NEWS Corporation's MySpace.com is in talks to bring the social-networking site to China with trade publisher IDG's Chinese venture arm and former China Netcom Group chief executive Edward Tian, the Wall Street Journal has reported.
Citing people close to the situation, the WSJ said that News Corporation chairman Rupert Murdoch's wife, Wendi Deng, was likely to join the board of MySpace China.
Although News Corporation has publicly announced its intention to expand MySpace into China, people close to the matter said 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 US internet players have struggled to topple local rivals in China.
Source [
australianit.news.com.au]