News Corps Eyeing to Expand MySpace

Murdoch, who could be switching to his wife for a successor is another huge gorilla that has started moving its weight around in cyber space when it bought MySpace, which was out of his line of interest, except that as an entrepreneur, a seasoned one as such had seen the future prospect of the social networking site, and probably a payoff could be at hand. New Corps had joined the big mammoths of the cyber space business like Google and Yahoo to get the piece of the action in what is taking place globally by expanding into China with MySpace, which could definitely have a sizeable participants among the huge Chines youth population. Both Yahoo and Google had shown some result even if they still have a stiff homegrown competition, but till date there is no site that is doing social networking at a popular level as MySpace. This means if News Corps is swift, it could do a brisk business until things start getting crowded, because there will be others that will jump in the bandwagon, as what is involved is not as complex as a search engine, which is challenged if not cornered and has only a small slice of the pie.