There is an epidemic of bad reporting going around the mainstream media today. Check out this headline on MSNBC, which I have seen variations of elsewhere:

No, Microsoft is not launching Wallop. Fortunately the ensuing articles gets this part right:

SEATTLE – Wallop, a startup spun out of Microsoft Corp.’s research lab…

The headline makes it out like Microsoft is launching a MySpace competitor in the form of Wallop. Yes, that makes for more exciting headlines, but it’s factually inaccurate.

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