TechDeville: Digg just confirmed the news through an official blog post that they’ve been sold to Betaworks for just $500,000.
The $500,000 refers to Digg's programming assets, and does not include employees and other sub-related items.
Quite the fall
Yeah, just goes to show how easy the rise and fall can be.
A shame... I lost faith in Digg when they did nothing to curb the power users. While their downfall really came with Version 4, they were already losing quite a bit of traffic long before the switch.
Very true The Digg 4 was really complex and the value of power users was diminished . I guess the algo failed to attract users .
can we hope for a new and better version of digg now ?
It's called Reddit. For technology is called Tech Spy :)
reddit - yes. Tech spy - not quite.
Reddit is an eyesore.
Shame what happened to that site.
Incorrect info http://techcrunch.com/2012/... Sold for 16 Million.
This story makes a sixteen-million times more sense.
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