MySpace to Launch a Business Incubator
Posted on February 14, 2008
Filed Under News
Here's another MySpace News update brought to you by Central MySpace Source…well almost 
Alright, this is the latest news: MySpace is planning to publicly announce that they will be launching a business incubator called SlingShot Labs. This is to let them spawn internet start-ups for news corporations expanding empire of web properties (which now includes the Wall Street Jurnal - WSJ.com and IGN - The Video Game Site).
It took about$15 million to secure the new venture which currently hires 40 emplyers which mostly consists of professional software developers.
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