Friday, July 13, 2012

Digg sold for just $500000 - The Guardian


The Guardian

Digg sold for just $500000
The Guardian
Digg, the "social news" site which was once the poster child for Web 2.0 and valued at up to $175m, has been sold to New York technology development company Betaworks for just $500000 (£324000) in cash plus equity. The sale of the seven-year-old site, ...
Once a Social Media Star, Digg Sells for $500000Wall Street Journal
Digg to Be Bought by Betaworks After Failing to CompeteBusinessweek
Digg scooped up by BetaworksMyBroadband
TechCrunch -BBC News -PC Magazine
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