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joint venture with Japanese Internet and telecoms group Softbank Corp. The 50-50 venture, to be called MySpace Japan, will first offer services for personal computers and will eventually allow users to post photos and write blogs via mobile phones. The firms are expected to announce the deal as early as this week after a meeting between News Corp. Chairman and Chief Executive Officer Rupert Murdoch and Softbank CEO Masayoshi Son. The Japanese version of MySpace is live here however there is still no official announcement from Softbank. [Update: it's official -- Eds]
WWJ Editors note: Considering the recent agreement between KDDI and Japan’s popular Gree SNS portal, this is certainly a hot space. If this story is true, competition in Japan’s converged PC-web/mobile social networking space will really heat up. Via Web 2.Ooooh.
Some sage advise when entering new turf; Stop, Look and Listen.. it’s also good to secure a local guide. Japan is the cradle of mobile civilization – we have been dedicated to this space since 2001 – trust our archives here offer some useful material.
Domestic activities continue to set the pace, and sharp players are looking at global markets. We have hard-earned industry expertise and trusted network of contacts with access to advanced intell. and potential deal flow. Need a lift.. Ok, buckle-up!