US-based publisher New York Times has started a media incubator.

TimeSpace will host up to five start-ups in the publisher’s New York City office.

The Times also will potentially fund the incubees after they raise money from other sources.

Its existing corporate venturing portfolio holds: Adtivity by Appssavvy, Automattic, Betaworks, Betaworks, Federated Media Publishing (FMP) and Keep Holdings and a commitment to venture capital firm True Ventures.

On the other side of the US in San Francisco, accelerator Matter Ventures…

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