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Digg is a social news website. It allows people to vote web content up or down, called digging and burying, respectively. News and publisher streams were added with Digg v4 in August 2010. Quantcast estimates Digg’s monthly U.S. unique visits at 3.8 million. Digg’s popularity prompted the creation of copycat social networking sites with story submission and voting systems; one of those competitors, Reddit, was ranked 64 places higher than Digg by website traffic analysts Alexa.com on July 16, 2012. In July 2008, the company took part in advanced acquisition talks with Google for a reported $200 million price tag, but the deal ultimately fell through. Four years later, on July 12, 2012, Digg was sold in three parts: the Digg brand, website and technology were sold to Betaworks for an estimated $500,000; 15 staff were transferred to the Washington Post’s SocialCode for a reported $12 million; and a suite of patents were sold to LinkedIn for about $4 million. Digg started as an…
Board members concluded the unsolicited $44.6 billion offer massively undervalues the Web pioneer, a person familiar with the situation told the newspaper. read more | digg story
Read moreMicrosoft is telling the tale of a major software piracy investigation that weaved through 22 countries, hoping would-be pirates will think twice if they know how far the…
Read moreThe sun just refuses to shine on AMD — according to several Taiwanese motherboard manufacturers, AMD is saying that the quad-core Phenom 9700 and 9900 are going to…
Read moreSometimes people were just meant to play movie roles. read more | digg story
Read moreGoogle has launched a new version of its Google Apps suite meant to allow business users to collaborate without IT staff involvement. Such a move may boost the…
Read moreA research paper shows that IBM is working on a computing system capable “of hosting the entire internet as an application.” This mega system relies on a re-tooled…
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