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Livedoor's fall hurts Japan's can-do spirit
The spectacular rise of Japan's most flamboyant entrepreneur could be outdone only by his very public fall that has rattled the country's financial markets and shaken its confidence in starting up new businesses.
Door closes on Japan's Livedoor
Scandal-plagued Japanese Internet group Livedoor was removed from the Tokyo Stock Exchange Friday, together with its subsidiary Livedoor Marketing Co. The company's last day on the bourse ended last Thursday with prices closing at $0.80 per share, with a total market value of $843 million, or about one-tenth of its 2004 peak.
Livedoor e-mail scandal rattles lawmakers
Is the e-mail real or is it a forgery? That is the question that has been the hottest topic for debate among Japanese legislators over the past week, ever since a member of the opposition party presented what he claimed was proof that a top ruling Liberal Democratic Party lawmaker was accepting bribes.
Livedoor's fall rattles beyond Japan
Until a few weeks ago, Takafumi Horie was the darling of the Japanese media, personifying a new Japan full of confident, youthful vigor who challenged the old establishment. For the younger generation, he personified a can-do spirit of entrepreneurship that has inspired many to be their own bosses in recent years as well.
Internet co. rattles Japan's media
The revelation that an Internet startup has become the biggest shareholder in one of Japan's most influential media outlets has delighted investors but is rattling those in the industry.
Japan Internet execs shy away from politics
Internet entrepreneurs are downright sexy in the United States, as glossy magazines such as Vanity Fair will testify. Yet while the founders of Google and eBay's chief executives are lauded by the glitterati as much as by computer geeks, Japan's startup entrepreneurs are finding that they are far less alluring to the public than their U.S. counterparts.