MySpace and Softbank form joint venture to bring Internet social ...

I think that this is just pathetic. Yes, MySpace is popular here for reasons that remain unclear but are largely cultural. Does this suggest that it will be difficult to translate this success to another culture? You bet.

AP. TOKYO: MySpace and Japan's Softbank Corp. announced plans Tuesday for a 50-50 joint venture to bring the popular Internet social networking site to Asia. ...

Link: MySpace and Softbank form joint venture to bring Internet social ...