MySpace China Says Its Chief Will Resign

The International Herald Tribune reports on ’s latest setback in China:

The chief executive of MySpace China, the social networking site, has resigned slightly more than a year after bringing the site to China.

A spokeswoman for MySpace China confirmed that the executive, Luo Chuan, planned to resign, but declined to comment on the reasons.

The departure of Luo, who was once a Microsoft China executive, is a setback for News Corp., which had licensed the MySpace brand name in China in an effort to expand its media and Internet presence.

Read Kaiser Kuo’s analysis of Luo’s resignation on his blog Digital Watch.

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