MySpace, Chinese-style

Tom won’t be your friend if you join MySpace in China. A Chinese person will be, the New York Times reports. MySpace China “faces stiff competition from China’s home-grown Internet companies, including Baidu, Tencent, Sina and 51.com, as well as dozens of other MySpace.com-like Internet start-ups.” So its parent, Fox Interactive, is not going down the bumpy road other US Internet companies took in that country but rather will license the MySpace name to “Chinese entrepreneurs who understand their market.”