MySpace is going into the news business with a service that will scour the internet for news stories and let users vote on which ones receive the most exposure. This approach blends elements of Google News and sites such as Digg and Netscape, which rely on readers to submit stories and determine their prominence.
MySpace is not sticking to the exact route Digg is, as they automatically round up news from around the web. No submissions might mean only mature news will hit the front page. No, “OMG!1! girl plays video games!” and such.
Source: Times Online