Another News Corp. Digital Exec Departure: Colin Digiaro Resigns From Slingshot Labs

Colin Digiaro, who was a cofounder of MySpace and most recently served as co-President of News Corp. Digital’s new technology incubator Slighshot Labs, has resigned from the company, we’ve heard from multiple sources.

Slingshot Labs, which was created in 2007, was in the news recently. The incubator has been working on, among other things, a new business-focused social network for the Wall Street Journal, another News Corp. asset.

We’ve heard quiet rumors that Digiaro may join former MySpace CEO Chris DeWolfe on a new venture DeWolfe is contemplating, but this hasn’t been confirmed. We reported on that possible new company last month.

Slingshot Labs Co-President Josh Berman, also an original MySpace employee, has dropped the “co” from his title and is now simply President of Slingshot, sources say.