As noted by ZDNet's Mary Jo Foley, Microsoft is launching yet another "Labs" effort.
This one is called Startup Labs, and according to a job posting Friday, it's part of Ray Ozzie's group. The posting didn't reveal much else, saying that the effort "will consist of multiple product development projects at varying stages of lifecycle."
Startup Labs joins other, seemingly similar projects, housed within specific business units, including
I've asked Microsoft for more info and will update if I learn more.