Los Angeles-based social networking website MySpace said late Tuesday night that it has launched a new mobile video service, MySpace Mobile, which will allow users to view MySpace video content from mobile devices. According to MySpace, the beta service allows users to view videos users have uploaded or marked as favorites on the site. MySpace is tapping technology from video transcoding provider RipCode for the streaming capability. RipCode's transcoding hardware translates videos from any format into mobile video, adjusting for handset type, bandwidth, and other conditions. MySpace said the move now makes 100 percent of its videos accessible via mobile phone.