September 20, 2006 9:55 AM PDT
Murdoch's wife explores MySpace in China
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Wendi Deng, wife of News Corp. media mogul Rupert Murdoch, is to work with senior News Corp. executives in an attempt to launch MySpace.com in China.
Deng, who was born in China and speaks Mandarin, will explore ways in which the social networking site can enter the Chinese market without hitting the political potholes that Google and Yahoo have encountered, according to media reports. Murdoch told the media that local partners in China will own 50 percent of the site and deal with complaints. The media mogul acquired the parent company of MySpace for $580 million last year as part of plans to expand News Corp.'s online influence.
Gemma Simpson of Silicon.com reported from London.