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New York-based Betaworks set to purchase Digg’s remaining assets
The Wall Street Journal reports the price tag being in the vicinity of $500,000, but TechCrunch is already disputing that figure. That’s pretty low considering that a Business Week report infamously valued the company over $200 million six years ago. According to the report, Betaworks will fold Digg into News.me but will not retain any members of the Digg staff who still remain after the mass exodus to The Washington Post Company’s Social Code in May. (big hat tip to MartinezReport for the tip) source
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The Wall Street Journal reports the price tag being in the vicinity of $500,000, but TechCrunch is already disputing that figure. That’s pretty low considering that a Business Week report infamously valued the company over $200 million six years ago. According to the report, Betaworks will fold Digg into News.me but will not retain any members of the Digg staff who still remain after the mass exodus to The Washington Post Company’s Social Code in May. (big hat tip to MartinezReport for the tip) source

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July 12, 2012 // 18:15 // 2 years ago
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