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Google closes in on Digg
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Google closes in on Digg
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24th July 2008, 08:54
| #1 |
| Madshrimp  Join Date: May 2002 Location: 7090/Belgium
Posts: 79,021
 |  Google closes in on Digg Google is on the verge of snapping up news aggregator Digg for a reported $200m as the search giant continues to bolster its news service. Reports on TechCrunch claim that the acquisition is a couple of weeks from completion, although a third party such as Microsoft could still move in should the deal fall through. Google and Digg have reportedly signed a letter of intent following an on/off negotiation process which continued despite Google's cooling on the acquisition http://www.vnunet.com/vnunet/news/22...le-closes-digg
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24th July 2008, 08:58
| #2 |
| Madshrimp Join Date: May 2002 Location: 7090/Belgium
Posts: 79,021
| The service competes with other high profile community aggregators such as Slashdot and Reddit. Digg doesn't really have any competition when it comes to pure traffic... 
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