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As part of the recent sale of Digg, a once-high-flying news-sharing site that was blown away by...

As part of the recent sale of Digg, a once-high-flying news-sharing site that was blown away by Facebook and Twitter, the Washington Post (WPO) reportedly ended up buying Digg's team for $12M (previous), and LinkedIn (LNKD) bought 15 of the company's patents for $3.75M-$4M. The site itself went to privately-owned Betaworks for $500K-$725K. Google hired Digg founder Kevin Rose in March.
Comments (2)
  • timetosave
    , contributor
    Comments (35) | Send Message
     
    Digg was killed by its own blunders and a superior competitor - Reddit. Facebook and Twitter has nothing to do with it.
    13 Jul 2012, 02:52 PM Reply Like
  • SocialNow
    , contributor
    Comments (37) | Send Message
     
    Absolutely. The user experience on Digg was in steep decline. It really seemed that a small group of power users (or perhaps networks of power users working in tandem) were gaming the system and killing any real democratic up/down movement of stories. One or two visits to Reddit and I never went back to Digg. This is not a Facebook or Twitter story at all.
    16 Jul 2012, 01:51 PM Reply Like
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