This is probably the best and most encouraging news I've heard in a LONG time.
Cyworld the true predecessor to facebook and myspace with over 20 million unique registered users (ie: like over 80% of TOTAL Korean actual internet users o_0!) has finally.....FINANNNLLY... come to its senses and announced it will open its doors integrating Open Social technologies, (instead of its lame attempts to just cookie cutter port its system to the US and abroad).
Its not too clear to what extent this happen, but the possiblities are endless... including the potential opportunities and effects this could have on the entire internet economy in Korea or better yet, outside of Korea.
Heck, given years of my complaining about the "walled-garden" of Korean internet properties (especially true of cyworld), ANY opening up is better than none, imo. It even says they want to be as "open as Facebook". One can only hope.
but bottomline is: this can only be good.
article (in Korean) [news.naver.com] (will try to find English articles on this)