Jesta Digital creates $15m startup incubator

Jesta Digital is committing $15 million for the creation of a startup incubator to build consumer-facing applications. The standalone unit, which is called Jesta Labs and is being announced Thursday, will be focused on cloud computing, social media and mobile web technologies.

Vid-Biz: Disney and Comcast-NBCU, YouTube, Jesta Digital

Today on the Net: Disney expresses concerns about the conditions the FCC plans to levee against Comcast as part of its takeover of NBC Universal. Also: Fast Company profiles YouTube and Bitbop parent Fox Mobile Group has rebranded as Jesta Digital and gotten a new CEO.

Vid-Biz: Bitbop, ABC, Google TV

Today on the web: Bitbop launches its $9.95 a month mobile video service on Android, Disney CEO Bob Iger is trying to turn ABC around after declines in viewership and a Best Buy memo points to a Google TV launch on October 17th.