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.

New York - Dow Jones & Company (NYSE: DJ), publisher of The Wall Street Journal, announced on Thursday that its shareholders have approved a $5.6 billion sale of the company to News Corporation (NYSE: NWS), with 60.27% of shares voting in favor of the deal. The Journal reported that about 78% of outstanding common shares voted in favor of the deal, compared with 54% of supervoting shares -- most of which is held by the Bancroft family, which has long controlled Dow Jones.

Los Angeles - News Corp.'s MySpace online social network on Wednesday announced the launch of a contest that asks users to submit videos expressing their views on where America is, and where it should be going. Judges choosing finalist videos will include former Senate Majority Leader Dr. Bill Frist, former White House Chief of Staff John Podesta, and political bloggers Markos Moulitsas Zúniga of DailyKos and Jonah Goldberg of National Review Online. MySpace users then will vote on a winner, to be announced on Jan. 22 -- the day before President Bush delivers his State of the Union address.