An overflowing mailbox and a few flummoxed guards are among the last remains of yet another local dotcom company to shut its doors.
A handwritten note on the door of what was once Music Zone's office in downtown Taipei points to the apparent haste with which its executives cleared out. "Apparently the photocopy guy wants his money," said one passerby indicating the note on the door.
In less than a fortnight the phones were switched off, the mail server shutdown and the office cleared out. No one quite knows what happened to the staff of less than a dozen.
Ironically, the lock out means that co-tenant IandI Asia Taiwan, an informal Internet industry body, is also locked out.
It's a tale that's becoming all too familiar in Asia. Having watched their Silicon Valley counterparts go from boom to bust in the blink of an eye, Asia's dotcommers have caught the same bug.
First in Hong Kong, where capital flows freely and Internet companies are poised to break into China. Now, not very far behind, is Taiwan.
Just this week local portal Yam.com announced it was cutting back staffing as part of a restructuring program. The official figure was 13, while one rumor put the number as high as 32.
Taiwan's Internet bubble was deflated, if not burst, some months ago when local firms realized that while usage is growing fast, revenues are not.
The acquisition of local hero Kimo.com by its US counterpart Yahoo was seen by the industry as the beginning of the end. Or rather, the end of the beginning. Consolidation and shutdowns were to become the next item on the dotcom menu.
But the lightning fast closure of Music Zone is a different kettle of fish. Just last month, CEO Bryan Biniak, a well-known face in the local Internet scene, waxed lyrical about the company's killer deal with mobile phone carrier Far EasTone and even spoke of a new deal with a leading mobile phone manufacturer.
Now, none of that has come to fruition.
That's no surprise to Far Eastone however. "They didn't provide details, but we kind of knew where they were heading," said Andrew Wong, who works in FET's WAP development division. "It's pretty much the same across all the dotcom companies these days."
A business-to-business company, Music Zone's mission was to facilitate the sale and exchange of music over both wireless and conventional Internet.
Its backers included such big names as Hong Kong venture capital company TechPacific and Web Connections.
The company first got going in around September 1999, with a 'soft launch' in June of this year. Numerous attempts to locate CEO Bryan Biniak and President Henry Hon went unanswered and Nancy Tsai, former administrative director, declined to comment.
Music Zone may well have been caught in the same trap as its fallen brethren, great idea but no follow through.
"If all you've got is an idea, then you are dead in the water," James Skidmore, Director of Asian Operations at non-profit consulting group Venuetba was once quoted as saying.
Food for though for Taiwan's next dotcom wannabe.
UPDATED (3:40pm): A suspected gas explosion at a shopping mall in Taichung this morning has killed four people and injured 20 others, as emergency responders continue to investigate. The explosion occurred on the 12th floor of the Shin Kong Mitsukoshi in Situn District (西屯) at 11:33am. One person was declared dead at the scene, while three people were declared deceased later after receiving emergency treatment. Another 20 people sustained major or minor injuries. The Taichung Fire Bureau said it received a report of the explosion at 11:33am and sent rescuers to respond. The cause of the explosion is still under investigation, it said. The National Fire
ACCOUNTABILITY: The incident, which occured at a Shin Kong Mitsukoshi Department Store in Taichung, was allegedly caused by a gas explosion on the 12th floor Shin Kong Group (新光集團) president Richard Wu (吳昕陽) yesterday said the company would take responsibility for an apparent gas explosion that resulted in four deaths and 26 injuries at Shin Kong Mitsukoshi Zhonggang Store in Taichung yesterday. The Taichung Fire Bureau at 11:33am yesterday received a report saying that people were injured after an explosion at the department store on Section 3 of Taiwan Boulevard in Taichung’s Situn District (西屯). It sent 56 ambulances and 136 paramedics to the site, with the people injured sent to Cheng Ching Hospital’s Chung Kang Branch, Wuri Lin Shin Hospital, Taichung Veterans General Hospital or Chung
‘TAIWAN-FRIENDLY’: The last time the Web site fact sheet removed the lines on the US not supporting Taiwanese independence was during the Biden administration in 2022 The US Department of State has removed a statement on its Web site that it does not support Taiwanese independence, among changes that the Taiwanese government praised yesterday as supporting Taiwan. The Taiwan-US relations fact sheet, produced by the department’s Bureau of East Asian and Pacific Affairs, previously stated that the US opposes “any unilateral changes to the status quo from either side; we do not support Taiwan independence; and we expect cross-strait differences to be resolved by peaceful means.” In the updated version published on Thursday, the line stating that the US does not support Taiwanese independence had been removed. The updated
‘LAWFUL USE’: The last time a US warship transited the Taiwan Strait was on Oct. 20 last year, and this week’s transit is the first of US President Donald Trump’s second term Two US military vessels transited the Taiwan Strait from Sunday through early yesterday, the Ministry of National Defense said in a statement, the first such mission since US President Donald Trump took office last month. The two vessels sailed south through the Strait, the ministry said, adding that it closely monitored nearby airspace and waters at the time and observed nothing unusual. The ministry did not name the two vessels, but the US Navy identified them as the Arleigh Burke-class guided-missile destroyer USS Ralph Johnson and the Pathfinder-class survey ship USNS Bowditch. The ships carried out a north-to-south transit from