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
Follow ShortFormBlog: Tumblr, Twitter, Facebook
ShortFormBlog is the product of Ernie Smith, Seth Millstein, Chris Tognotti, Sami Main, Scott Craft, Matthew Keys, Julius the laid-off RSS robot, awesome links from awesome sources, a hacked version of Wordpress, Tumblr's Tumblarity, the letter Q, the number 13 and a series of tubes.
Copyright 2009-2013 Ernie Smith • Ask us stuff! • E-mail us • Follow us on Twitter • Follow us on Facebook