MySpace launch potential Newsvine or Digg killer?

MySpace is to launch its own social news site. Unlike other sites which rely on user submissions, the site will search and aggregate web news stories itself, but allow users to rate news, meaning the community will edit or direct the prominance of stories on its homepage.

Steel yourselves for a home page which ranks a four legged duck (now three legged by the way) over ‘hard’ news e.g. politics, war, business etc.

Publishers will be able to exclude their headlines from the site to avoid any issues with copyright (i.e. Google News and the flak it got from publishing content from other sites).

More on this in the Boston Herald.

MySpace News will live at this address.