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Slingshot Labs was a media and business incubator owned by News Corp that was launched on February 13 2008. Slingshot was separate from News Corp’s Fox Interactive Media and its mission is to build and develop new Web ventures for the parent company. The incubator was founded by some of Myspace’s founding members Josh Berman Colin DiGiaro and was headquartered in Santa Monica California. It was operated by Josh Berman and Diego Berdakin prior to its shutdown in 2010.

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