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7 Ways Digg Dug Its Own Grave

PC World: Once a high-flying web property, Digg was sold Thursday for a paltry $500,000. The sale to Betaworks, maker of an iOS news aggregator app and an URL clipper, Bit.ly, was a fraction of the $45 million lavished on the venture by Silicon Valley money lenders since its founding in 2004. Why did Digg fall on hard times? Here are seven reasons.

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