.. and partners up with Softbank in a 50-50 deal while they’re at it. Although Softbank currently has a social networking site with Yahoo, they are gearing up to get involved “more directly”. No startup time is estimated, although with more than one billion yen in capital, it seems like they could certainly buy up as much of the competition it wants that already exists in the region.
MySpace Spreads Tentacles to Japan
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Tony Hung
Tony Hung is the editor of the BlogHerald. He is also a physician finishing his last year of residency in General Internal Medicine, and blogs at Deep Jive Interests , where he rants, occasionally, on new media topics.
