TECH CRUNCH
-- Feb 5 -- MySpace will be closing its Korean satellite office by end
of the month though its Korean portal will continue to operate and will
be maintained by staff in the company's other Asian offices. Korea is a
notoriously difficult market to crack, primary because it is dominated
by Cyworld - a social network founded back in 1999, long before MySpace
was even in beta stages. FULL ARTICLE @ TECH CRUNCH