News Corp. Launches Incubator SlingShot Labs with $15 MillionAuthored by Mark Hefflinger on February 14, 2008 - 7:39am.
Santa Monica,
Calif. - News Corporation (NYSE: NWS) has created
a business incubator, SlingShot Labs, and provided it with an initial $15
million in financing to help nurture start-up companies that could contribute
to the company's Web properties, BusinessWeek reports.
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