Microsoft Spins off Social Networking Project

TECH CRUNCH -- Apr -- Wallop, previously a semi-forgotton Microsoft Research "sandbox" social network and photo sharing project, was spun off into a new, independent, venture backed business. The new entity is led by CEO Karl Jacob (Sun/Microsoft veteran). Microsoft will retain a minority stake.  This is not another "me too" social network offering.  Launch is scheduled for this summer.  FULL ARTICLE @ TECH CRUNCH