Sep 20 2006

News Corp. may start Chinese MySpace

  • Written by soulxtc
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News Corp chairman Rupert Murdoch says his Chinese-born wife, Wendi Deng, is in China with the company’s executives to help launch a Chinese version of its popular MySpace social networking Web site, a newspaper reported Wednesday.

Murdoch, speaking in New York, said the company is trying to find a way to enter the Chinese market without running into political obstacles and the “heavy weather” that Google Inc. and Yahoo Inc. (Nasdaq:YHOO – news) have encountered, the London-based Financial Times said.

Murdoch bought MySpace last year. The site allows users to share text, pictures and video.

“We have to make MySpace a very Chinese site,” Murdoch was quoted as saying Tuesday at a conference organized by investment bank Goldman Sachs Group Inc. “I have sent my wife across there because she understands the language.”

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